Check out my precision trading on Singapore and USA Stocks. I focused heavily on timing, NOT price action, NOT traditional TA or the usual Fundamental Analysis. Hence my accuracy and hit rate is exceptionally high. Over the years, I discovered that timing can be captured from the charts where I had mastered the art of perfect timing. Follow my blog, my journey towards effortless trading and perfect execution.
Wednesday, 13 November 2019
Dow Jones - Trading The Up Wave
I wouldn't say it's easy to trade the Dow Jones these days as the market moves down and then suddenly turned up. Some nights it would turned flat and the next morning the futures might even turned very red. Hence, I decided to trade it very short term within minutes since the Dow is all time high and hit a zone where the market is pretty indecisive on where is it moving. Made some good profits longing the Dow Jones tonight and last evening where it moved higher instead of turning. It wasn't easy because it moved so fast that I wasn't expecting it to move higher. I entered a long position after the Dow had 2 long bars up and started to hard some 3-4 red bars. Entered on those red bars and rode the way up until I see it was time to lock in profits. Finished the trade and looking forward to tomorrow.
Ron K - A Game Changer