TradingMSO
Short

DJX / DOWI - Trading Setup & Plan

DJ:DJI   DOW JONES INDUSTRIAL AVERAGE
I have a tight stop loss set at 18600 and I'm expecting to collect profit at the next support level unless it breaks through I would re-analyze.
Trade closed: stop reached:
snapshot

Stop loss has been reached unfortunately.
Hi...Actually it looks the Fed is keeping the market high cause all the bad new about productivity, Gdp, Brexit, Falling Copper prices (that usually mean recession)...did nothing...so....my opinion is that Dow has to run up another 2%/3% before (eventually) going down...The bubble is Huge but at this time the FED created it so....they'll keep it in place and who know when it will implode....Regards and good trading.
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Possibly, I have a tight stop loss set anyway so I shouldn't lose big if that does happen.
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