Gerardz

Dow Jones Intraday Long Idea

Long
Gerardz Updated   
CBOT_MINI:YM1!   E-mini Dow Jones ($5) Futures
The weekend analysis played out to the script, looking at adding long trade and scaling out at Target 1 and 2 levels. Both levels have nice equal highs so dumb retail logic of support and resistance. Let's pair our longs with their short stops ;) we'll see how it plays out.
Trade active:
Filled in, now off to Target 1
Trade closed: target reached:
Target 1 was reached, however the price fell and reached my break even. The importance of scaling out and paying yourself. This trade was a good example.
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