DOW

The pre market price currently is bang on that trend line. So this trade will be only placed by me after the first thirty minutes of trade. If the price goes above that before then i wont place the trade.

You have to be fast with dow , The dow is good for day trades so have to be flexible to trade this.
Im gonna short the dow on the next back test of the previous uptrend line. Again using 40 points stop on a first attempt basis.


dl.dropboxusercontent.com/u/4899609/dow23rdoct2015.png

Good question Ade, The Americans are eating more Big Macs, thats what happened!!
Thats the fundamentals out of the way...
technicals now...
The Dow has broken above the 200 day moving average in some style...
Questions is will it come to test it again??
in which case we will some kind of pullback at some point...hmmm

currently 17446 so what happened?

This should be a free trade now
That was a perfect trade. currently up over 100 points in profit so this should be a free trade now..


dl.dropboxusercontent.com/u/4899609/dow22ndoct2015.png

If this hits the 200ema during market hours worth a quick short on first attempt. Im gonna use 40 point stop.


dl.dropboxusercontent.com/u/4899609/dow20thoct2015.png