DOW

Trendfriend wrote: Sorry Libero....i was on my phone...i meant 22550 i must have fat fingers!

Here's a chart to show what i mean.
dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...2MxdMYYv6ZhqIuxxotI=

This has finally come down a tad today.....
I don't mind it going either way to be honest....if it goes up above 22550 for a 1,2,3 low as Remo has just posted below and above the 20 day ema line....then it just means i have been wrong....and 18200 may well have been the low after all...

I'll clean some egg off my face and then buy some stocks (for the longer term)

Having said that... could this still drop down for a lower low below 18200?
I think so....but wdik...

atb, wdik, dyor,
trendfriend

No worries man, I figured it was 22550

Meanwhile, the scalps came good - particularly at the end....




Still, must keep sight of the big picture too. Not sure if we saw the bottom, maybe - I know that bear markets take a while to form, but! this was the quickest sell-off in history, so it's bound to be the quickest snap back off the bottom too.

Either way, we'll know, when we'll know!

Stay Safe, and Keep Trading Safely too - my ol' ticker can't take too much of this ultra-short-nip-in-nip-out-trading....

Sorry Libero....i was on my phone...i meant 22550 i must have fat fingers!

Here's a chart to show what i mean.
dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...2MxdMYYv6ZhqIuxxotI=

This has finally come down a tad today.....
I don't mind it going either way to be honest....if it goes up above 22550 for a 1,2,3 low as Remo has just posted below and above the 20 day ema line....then it just means i have been wrong....and 18200 may well have been the low after all...

I'll clean some egg off my face and then buy some stocks (for the longer term)

Having said that... could this still drop down for a lower low below 18200?
I think so....but wdik...

atb, wdik, dyor,
trendfriend

Trendfriend wrote: If this is going down then it really needs to get a move on...
I think it should at the very least test that 18200 area again....imho

But at the moment it’s just effectively in no mans land.....
Between the 18200 low and 26550 high...

Let’s see
atb,
Trendfriend

That's a hell of a (trading) range TF!

I was in a "conf. call" and didn't close out my shorts (twice by the look of things!) - I know, I know place a stop - but I've been scalping manually it was just another one of these "must-learn" moments!

Let's see what the evening session brings!

If this is going down then it really needs to get a move on...
I think it should at the very least test that 18200 area again....imho

But at the moment it’s just effectively in no mans land.....
Between the 18200 low and 26550 high...

Let’s see
atb,
Trendfriend

Wow quite a rally...

With most of the world closed...and pandemic going on...
So it’s a perfect time for rally on the markets then!

Higher high/ 1,2,3 low around 550...and the key 20 day ema line at 519 today....
2 strong resistance levels....

If this is a bear market they should hold....
Still not trading this... which is not a bad idea seeing the moves....

Let’s see...(I think this will gap down by the time it opens imvho)

Atb
Trendfriend

thank goodness for the possibility!

(current shorts underwater - decent buffer, but annoyed with myself after a decent run scalping!)

did have a short ready at 22688 as well, but not sure what's happening!