DOW

CT79 wrote: Hi Remo,

may I ask what targets you have for your trade?

Thanks
CT79

Hi CT79
My first target was the trend line(short term) This already bounced today from there.If this can finish below that then it would open up lower prices.Id then look at 14383 followed by 14000.
Its a free bet for me now and i will look to add to the short if the trend line breaks.
The Marubozu played out perfectly on the dow. This pattern is one of my favorite candlestick patterns. They don't appear that often hence the importance.When ever i see this on the indexs i always trade them just like the way i said.Only thing with this pattern is a lot of people read it wrong.
As can be seen from my trade there was no hindsight involved
Please also remember that im a short term trader..

This bounced perfectly of the trend line

Hi Remo,

may I ask what targets you have for your trade?

Thanks
CT79

Free trade now

Potential 123 high on close

Amo wrote: Cheers Remo, If the DOW goes lower than Mondays low today would that be classed as a 123 high?

Hi amo
I'd class that as a 123 high.