Posts Tagged shorting
I was actually looking to buy the DOW if it could get above 10330 but it didn't and started to look weak.
I shorted it manually at 10290 with a stop initially at 10314. It kinda dwindled for a while, obviously the S2 support line was providing support for it. When it start it make it's way upwards I was thinking.. oh well, another losing trading but as soon as it hit the pivot line, it fell and tanked a good 30 odd points.
My first target was 10260 but the DOW is rather volatile and when i
August 16, 2010
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I placed another trade.. a short at 90.31 as the price action looked liked it was falling and going south.. however, it is current retracing right now. My stop as you can see is around 90.60 with a target price of 89.95. It's not looking good at the mo but the daily chart is still looking like a short. I may get stopped out but I expect to see the price action to get to 89.00 in the next few days... we'll see.
February 11, 2009
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A successful Forex trade..
I made 45 points on this.. as per my previous post, I mentioned that I was at the gym.. I would have managed to get out a bit earlier when it spiked up.. probably would have got out at around 0.6385 for a further 20 points.. oh well, never mind.
December 1, 2008
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