GOOD TIME TO SELL DOW JONES ?

5월 15일

Symbol - DJI

Dow Jones is currently trading at 39850

I'm seeing a trading opportunity on sell side.

Shorting DJI at CMP 39850

I will be adding more if 40050 comes & will hold with SL of 40200

Targets I'm expecting are 39115 - 38585 - 38175 & beyond.





Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!

5월 16일

액티브 트레이드

CMP 40050

Adding more quantity here.
Avg Sell Price now is 39950
Holding with 40200 SL for mentioned targets.

5월 21일

액티브 트레이드

CMP 39806

144 points in profit.

5월 23일

액티브 트레이드

CMP 39600

350 points in profit. Holding with CTC SL now.

5월 23일

거래청산: 타겟 닿음

CMP 39100

First target hit. 850 points in profit.

5월 29일

거래청산: 타겟 닿음

CMP 38580

Second Target hit. 1370 pips in profit.

5월 29일

코멘트

CMP 38440

Booking full position here.
1510 pips profit booked.

It may reach third & final target as well but I have already captured a big move. So, booking full here.

5월 30일

거래청산: 타겟 닿음

CMP 38085

All targets hit. 1860 points move captured.
DONE & DUSTED!

P.S. : US GDP data was due today. I prefer not to trade while major data releases so I booked my position yesterday after hitting second target. Today markets are reacting negatively to data release hitting my third & final target.
A retracement is pending on long side so I may look for a long trade around 38000 round level.

6월 3일

코멘트

Exactly reversed from 38000 level and went till 38720.
My limit buy order executed at 38010 and I booked that at 38500 although it went till 38700+
Long for retracement view was absolutely correct and captured 500 points move in that. :)