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DOW - PA, Stops and hedging

  • #661
  • Jan 2, 2025 11:56pm Jan 2, 2025 11:56pm
Quoting 2be
Coming back to face the market, orientating myself with what is happening. Have had a few trades that is all, any small profits taken rather fast, small profits is the position that the initial position is in profit for about 50 points or there around on the DOW. PA seams to be a bit nervous, and a retest of the resent Lows would provide some guidance. As I type the move down is in progress. I am done for a while. I am not focussed well enough and became bored, not a good sign, so IMHO I am not ready or fit to trade atm. Still a reasonably profitable...
The PA has been strange, arbitration has not been clear, I mean the different prising between the trading platforms I use and the DOW ticker which is always displayed. I am studying the PA patterns before the NYSE open, at the open during the session and at the close.
Right from the NYSE open I am able to see the arbitration in progress and act accordingly, to say a bit without pointing the finger. The NYSE open price is displayed with a number and with the session candle bar, so at glance I am able to observe what is gong on. At the time of pausing trading during the last session, this arbitration was in the region of minus 80 points negative on one of the platforms I use, not a negligible amount, Not surprising DOW went down well over 400 points. The other platforms behave much "better".

I also seem to be developing a quality cold, so have to get rid of that before trading larger lots, if trading at all.
Good trades to all!!
Make sure losses are small and profits are bigger!
  • #662
  • Jan 3, 2025 8:51am Jan 3, 2025 8:51am
Quoting 2be
{quote} The PA has been strange, arbitration has not been clear, I mean the different prising between the trading platforms I use and the DOW ticker which is always displayed. I am studying the PA patterns before the NYSE open, at the open during the session and at the close. Right from the NYSE open I am able to see the arbitration in progress and act accordingly, to say a bit without pointing the finger. The NYSE open price is displayed with a number and with the session candle bar, so at glance I am able to observe what is gong on. At the time...
done several trades to the short side to the last session close
around -50 points price difference on one of my platform, so a reasonable short trades

There are good reasons for that pricing differences, it is one of these things which one needs to be aware of their existence and impact

I am done for a while, suffering cold.
Make sure losses are small and profits are bigger!
  • #663
  • Edited Jan 7, 2025 10:28am Jan 6, 2025 6:31pm | Edited Jan 7, 2025 10:28am
first trading day of the year for me
DOW open with gaps, moves were usefully hitting the fib channels outer parameters, after the initial pump up to the fib channel. rotation well signalled on M5/M30, the subsequent move down closed the gaps, achieved D pivot, which cleared the way up in my trading system
usual intra day tfs gave opportunities to go both ways.
Last long positions from the D Pivot @42565 (+45 points pricing arbitration in relation to DOW ticker) good run for just under 200 points in about 15 minutes
traded using lighter loads, still recovering from cold but wanted to steep the toe in the markets
Make sure losses are small and profits are bigger!
  • #664
  • Jan 9, 2025 8:15am Jan 9, 2025 8:15am
ranging scenario on DOW, waiting for the inauguration, trading lightly, still recovering from cold/flue
Make sure losses are small and profits are bigger!
  • #665
  • Jan 9, 2025 8:46am Jan 9, 2025 8:46am
Quoting 2be
ranging scenario on DOW, waiting for the inauguration, trading lightly, still recovering from cold/flue
get well
  • #666
  • Jan 9, 2025 9:25am Jan 9, 2025 9:25am
Quoting bistolis
{quote} get well
Many thanks my friend!!!
Make sure losses are small and profits are bigger!
  • #667
  • Jan 13, 2025 5:27am Jan 13, 2025 5:27am
This coming Friday is the 3rd Fri of the month followed by the inauguration on the 20th
things are being realised and the full impact will take some time to be brought back to something resembling normal, so uncertainty of the markets might be with us for some time
As usual it is paramount to trade what is seen and not what so often the wishful (mis)perception/s
In that type of market conditions I have tighten the way I trade, taking smaller profits and using generally shorter TFs, a more conservative approach.
Good trades to all!
Make sure losses are small and profits are bigger!
  • #668
  • Edited 2:18pm Jan 14, 2025 2:06pm | Edited 2:18pm
I have tighten the MA channel, use Smoothed MA5 close together with Smoothed MA5 close shifted forward 5 spaces
Using different TFs, M1 to M5 for scalping makes it easier to trade at a glance, this set up also useful on other TFs
Attached Image (click to enlarge)
Click to Enlarge Name: DOW MTFs sessions 02 2025-01-14_200907.png Size: 195 KB


Session started with the gaps, both were filled, D Pivot came to play and the usual MTf analysis has been of good use
On M1, one can easily see how to trade, and if wrong where to get out
When things work together, good harvest profs to be the desired consequence
Slowly getting back after the long break and a cold/flue?
Good trades to all!
Make sure losses are small and profits are bigger!
  • #669
  • Jan 15, 2025 8:47am Jan 15, 2025 8:47am
I am shorting DOW for a measured move down from 43250 MO
Make sure losses are small and profits are bigger!
  • #670
  • Jan 15, 2025 8:51am Jan 15, 2025 8:51am
Quoting 2be
I am shorting DOW for a measured move down from 43250 MO
Short triggered at BE atm
Make sure losses are small and profits are bigger!
  • #671
  • Jan 15, 2025 8:59am Jan 15, 2025 8:59am
Quoting 2be
{quote} Short triggered at BE atm
be triggered
Make sure losses are small and profits are bigger!
  • #672
  • Jan 15, 2025 9:00am Jan 15, 2025 9:00am
258 shorted again
Make sure losses are small and profits are bigger!
  • #673
  • Jan 15, 2025 9:02am Jan 15, 2025 9:02am
Quoting 2be
258 shorted again
218 covered shorts +40 points
wasted some good profitable points by hitting previous be, that is ok with me
Make sure losses are small and profits are bigger!
  • #674
  • Jan 15, 2025 9:07am Jan 15, 2025 9:07am
will be stablishing more shorts. no time to post
Make sure losses are small and profits are bigger!
  • #675
  • Jan 15, 2025 9:36am Jan 15, 2025 9:36am
Quoting 2be
will be stablishing more shorts. no time to post
good hunting ground for shorts atm
Make sure losses are small and profits are bigger!
  • #676
  • Jan 15, 2025 9:47am Jan 15, 2025 9:47am
Quoting 2be
{quote} good hunting ground for shorts atm
I take profits when they are there, 40/50 points and more, but take its fast, no futile hoping for more. the market momentum is still up, so one needs to be vigilant
It is very important to obey the market structure on any TF of entering the trades
Make sure losses are small and profits are bigger!
  • #677
  • Jan 15, 2025 10:14am Jan 15, 2025 10:14am
Quoting 2be
{quote} I take profits when they are there, 40/50 points and more, but take its fast, no futile hoping for more. the market momentum is still up, so one needs to be vigilant It is very important to obey the market structure on any TF of entering the trades
done around 20+ trades during this US session, all scalps
Well over my daily minimum profit, so I am tempted to have a break
remember the 3rd Fri is approaching
good trades to all!
Make sure losses are small and profits are bigger!
  • #678
  • Edited 3:27pm Jan 15, 2025 12:46pm | Edited 3:27pm
one more important inside re Indices trading
DOW opened with the gap in the region 1.6% in relation to the last session close
Such large gaps are les likely to be filled in at haste. 0.5% gaps are likely to get filled but not gaps in the region of 1% and above 1%
One can easily observe these gaps if one cares enough to follow session's OHLC and have these bars well displayed f one is using continuous cash charts.

Looking at some charts provided by trading platforms one wanders rather a lot. It is important to have access to charts and charting tools which can be customised to one's liking and making them useful. There is not a perfect one, though some others are disastrously confusing, adding to the likeliness to be a loosing trader.
It lies in the competence of each trader to make sure that used tools and applied strategies deliver steady and well earned profits, nobody else will take care of that, in spite of the false promises and otherwise useless statements.

This also has been a very positive move across US indices, S&P opened 1.7% up, NASDAQ 2.2%up and Russel 2000 well above 2.4%up, so it is a very broad rally.
It looks that the island will be created and the gap below it shall act as R/S zone.
Such a PA is not unusual before the 3rd Friday of the month.
Look after the capital and keep the profits!
Make sure losses are small and profits are bigger!
  • #679
  • Jan 15, 2025 4:49pm Jan 15, 2025 4:49pm
Quoting 2be
one more important inside re Indices trading DOW opened with the gap in the region 1.6% in relation to the last session close Such large gaps are les likely to be filled in at haste. 0.5% gaps are likely to get filled but not gaps in the region of 1% and above 1% One can easily observe these gaps if one cares enough to follow session's OHLC and have these bars well displayed f one is using continuous cash charts. Looking at some charts provided by trading platforms one wanders rather a lot. It is important to have access to charts and charting tools...
NYSE session ended up with a fat doji, last two days opened with gaps but the PA has been very different, as seen in the charts
Done just under 30 trades during the us session, with few very small losses
Traded smaller lots, still managed to gain and keep reasonable profits.
At times I got tired with range bound PA, but kept to taking smaller profits, after wasting over 100 points on a profitable position which triggered BE, fortunately such mischief on my side has not been repeated during the US session.
Arrows on M1 indicate the directions of my trades, trading what is seen, still with the bias which at times proved to be limiting.
Attached Image (click to enlarge)
Click to Enlarge Name: DOW MTFs 02 2025-01-15_223122.png Size: 190 KB
Make sure losses are small and profits are bigger!
  • #680
  • Jan 21, 2025 11:25am Jan 21, 2025 11:25am
Positive day for the DOW
During the NYSE session a move from D pivot towards mR2.mR2 not reached yet. close longs above 43900
around 30 long trades during the us session alone, waiting for the WH announcement, taking it easy, done my trades for this session
Attached Image (click to enlarge)
Click to Enlarge Name: DOW MTF sessions 03 2025-01-21_171857.png Size: 193 KB
Make sure losses are small and profits are bigger!
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