breakoutfakeout

short dow divergence near ATH

Short
OANDA:US30USD   US Wall St 30
Nice MACDH divergence on the hourly here on the dow. Short this until the wedge break and then look at longs to rip through All Time High. Stop at top of divergence 31255
Trade closed manually:
Took profits at daily gap close, moved to fast and 5 min moving averages were bullish as hell

Trade active:
Next Houly signal didn't quite give a buy signal so happy to trade the swing high short again
Trade closed: target reached:
Closed out before the weekend again on a swing low, too risky to hold any longer with markets closed

About me: I'm a retail day trader (trading since 1993). Most ideas here are for short time frames and become profitable quickly. I take profits fast as things change fast. 1-2-1 mentoring sessions available.




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