DJX/DOWI - Trading Setup/Plan (Case Study)

Updated
Here is my trading setup guys, I do expect it to move down to possibly 181 but I will sell my trade for a loss if it breaks the resistance level shown in the chart.

I will update this idea when there's something to show so be sure to check that out.
Trade active
snapshot
There's nothing really new to show here guys but I am in profit at the moment. I would like to see more data before deciding whether it's going to keep moving to the downside or not.
Trade active
snapshot
I chose the sell half of my profit at this support level.
Comment
I chose to sell half of my profit at this support level.*
Trade closed manually
snapshot
I've managed to break even on the other half of my trade, but I still managed to end up in profit when I sold half of my profit previously. I will create a new idea on my next trade soon.
djxDOW Industrials (DOWI)dowindustrialaveragesetupshortshortsetupS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) study

Also on:

Related publications

Disclaimer