Risk reward:
3 month- DDHigh 8681 DDLow 7575 (+1,47%/-11,71%), SELLING opportunity!
Short term:Live- (+1,47%/-2,65%), hands off!
It`s been a long time.. I have not had the chance to fully concentrate on the market for the last 5 months, therefore no postings.
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Awaiting the DJI to sig saw for the next 3 month period within the range: (DDHigh8682-DDLow7575), with an average for the period at (BDD 8575) In my oppinion, thats a pritty nice trading range, for those with trading capital.
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"The trade":
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Sell i f DJI exceeds DDHigh 8682, start with 40% of your trading capital, execute at prices close to DDHigh 8682, and then take a breather. If DJI then overshoots DDHigh , start to sell at higher prices and at smaller volumes as the market trades upwards.
Here it is important to have a water proof strategy, in the way that you ALWAYS follow it! If I have failed to mention how important it is to have a "stop loss strategy", for your working capital, I will now remind myself and others. In this case I would set my stop loss, at points traded above DJI 8750.
As the trade matures you always have the intention to reach your target. Since DDLive 8332 is the best short term support level at the downside, I would place a "buy order" at these levels, with 50% of the volume.
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At this time a new stop loss strategy is developed, with the intention to protect the profit.
At this point it is time to place the buy order, hopefully closing your trade, with the target at DDLow 7575.
Sell i f DJI exceeds DDHigh 8682, start with 40% of your trading capital, execute at prices close to DDHigh 8682, and then take a breather. If DJI then overshoots DDHigh , start to sell at higher prices and at smaller volumes as the market trades upwards.
Here it is important to have a water proof strategy, in the way that you ALWAYS follow it! If I have failed to mention how important it is to have a "stop loss strategy", for your working capital, I will now remind myself and others. In this case I would set my stop loss, at points traded above DJI 8750.
As the trade matures you always have the intention to reach your target. Since DDLive 8332 is the best short term support level at the downside, I would place a "buy order" at these levels, with 50% of the volume.
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At this time a new stop loss strategy is developed, with the intention to protect the profit.
At this point it is time to place the buy order, hopefully closing your trade, with the target at DDLow 7575.
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Since the" DJI" is a multi listed CFD instrument ( US 30 Wall Street ), it is fantastic liquidity, and at not least crazy volumes. Happy trading!
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Terminology: My Dynamic Theory
