Okay, its official then - I'm the only one shorting this..another century level met with ease.

Carpe diem: Intraday tactics for Dax and Dow

My interpretation of the the 60min chart...Is DOW/WS/US30 is looking a little...Knackered But of course that may be influenced by the fact I'm fading this 84th breakout.

Carpe diem: Intraday tactics for Dax and Dow

God, I miss those days - Vaping with a glass of lemon water just doesn't pack the same kick. I've been in and out of US30 shorts over recent weeks but am building into a swing position now off 23 600 - I see a good 1000+ point correction coming ...

Carpe diem: Intraday tactics for Dax and Dow

Take a step back from the 5 min charts..let it come to you and then begin building.. Now

Pivot Trading

At the time I posted this (hoping it would help) a couple of traders were less than kind with their comments - no worries..debate is welcome. So in the interest of a follow up - here is the before and after update..and yes, I am now building into ...

Pivot Trading

Today is Thanksgiving in the US and tomorrow sits within a holiday period for Americans and there is no major news scheduled in the economic calendar...so there is a faint possibility that this US currency cross pair may not move considerably...but ...

EURUSD only

We've seen it before haven't we..How many trades have we both taken at extremes where you know its gonna take another run and a sucker punch. Do you remember shorting NZD/USD at those highs a couple of years ago? (that was a real 'metal tester')

Pivot Trading

When you've been at this game a while you develop an intuition born from experience. Price hit new high - gave the "money shot headline" and immediately sold off over 100 points. Added in a third entry at the new high. Profits scaled out on 2nd ...

Pivot Trading

Dab / cryptosurf / cybr Thank you for sharing your thoughts, observations and charts on the Dow / US30 - very helpful. Yes, shorting the indices certainly incurs financing costs with the dividends which can be a challenge on a longer time frame ...

Pivot Trading

...That's funny ..Right up there with - "why don't I take your broker account number and I'll pop your trades on too"

Pivot Trading

Yes, I see exactly what you mean - Pivots are your roadmap and you use them to scale in and lever out - makes absolute sense and enforces money management where the size of the entries can be adjusted to the corresponding Pivot if desired. Quite ...

Pivot Trading

Fair enough - Chart merely represents how I see it and I expect it must be sitting off some Pivot extension level. I don't want to disrupt the flow here by taking things 'off piste' with my strategy. So shan't post any further charts. No probs

Pivot Trading

Here is the 60 min - come out of immediate trend (1st rotation). and now launching into a supply zone. However..."Dow closes at record highs" is a headline for Thanksgiving so although I've started building a short position moves higher wouldn't be ...

Pivot Trading

image Okay, Its a retrace to the breakout on the Daily..There is also a GAP below that I've market off but that is just for my reference.

Pivot Trading

Me to mate, getting the money management right was what turned a modest strategy into a highly profitable one..Seems like you had a similar experience. ..FWIW - I never go beyond 3:1 leverage nowadays either

Pivot Trading

Aye, this pair can be a bloody monster when it gets going - and for my strategy its already had two 'failed rotations' to retrace. Interestingly enough I have a long set-up on the AUD/USD too but it would just add to my risk in a highly correlated ...

Pivot Trading

I'd be interested in any of the experienced traders' views on Wall Street / US 30 right now. This is now lurching north for a feel good US 'Thanksgiving" rally (makes good headlines for the holidays). I'm building a short position on this now and ...

Pivot Trading

Hope this runs to the moon for you..and in doing so drags down the short book I've built in GBP / AUD

Pivot Trading

If this Bull Flag cluster triggers - you should get some

EURUSD only

Yeah, its attempting a Bull Flag cluster formation

EURUSD only