For the details clikk here
Dow '15 chart:
Pre-Market expectation: Downward movement to cca. 16950 and turn.
9:42
I know, this is the opening method, but the falling was bigger than the expectation. It can be a wave 3th, in this case the target price will be lower.
10:06
I short the market, but I have no fortune. The first was at 16859, I moved the stop at 57 15:49 and the stop closed the same time. After I short 16850 (plan was 16858, i am slowly again) LMT order was 16838, I was moving the LMT order lower, but the market reached it :(, I didnt wat hit it again, because my target price was cca .16820, RR was not enough good.
10:28
I show my trades:
I see, I made a mistake, stop moving was at 15:49 to 16857, and the closing as the same time (I deleted my mentions).
I was trade only 1 contract, because I was late in the early section, I had no focus enough.
10:39
My opinion: Sideways movement following in the range, see the chart.
10:46
Range, the other possibility on the '3 chart. There is a bearish slinghot, again on '3 chart, but I am not sure that it will be good (RSI > MA9 and GoldonX on '3 chart)
11:20
I trade a short, but I closed it early, I think I am a little disorientation today thanks to the early section untrade situation and the bed waether. I think this is an explanded flat correction, target price cca. 16810.
11:28
16810 has been reached. In a close future news arrive. If it turn 16850-60 is reacheble to 14:00.
11:30
News. The depth was at 16796, but in this case is not important, explanded flat is possible. It can be wave B with new low. I am waiting a turn, let me see!
11:41
Turned, but not tradable until now.
I was looking for a stop place to the long, but there wasn't. RR is bed with a min. target price (16825-28). Good stop place at 16794 and the first long trigger was az 16815 on '3 chart, not tradable.
13:41
16960 has reached. It can be more 10-20 points. News is coming!
13:51
I mentioned a range (10:46), I show it again.
9:42
I know, this is the opening method, but the falling was bigger than the expectation. It can be a wave 3th, in this case the target price will be lower.
10:06
I short the market, but I have no fortune. The first was at 16859, I moved the stop at 57 15:49 and the stop closed the same time. After I short 16850 (plan was 16858, i am slowly again) LMT order was 16838, I was moving the LMT order lower, but the market reached it :(, I didnt wat hit it again, because my target price was cca .16820, RR was not enough good.
10:28
I show my trades:
I see, I made a mistake, stop moving was at 15:49 to 16857, and the closing as the same time (I deleted my mentions).
I was trade only 1 contract, because I was late in the early section, I had no focus enough.
10:39
My opinion: Sideways movement following in the range, see the chart.
10:46
Range, the other possibility on the '3 chart. There is a bearish slinghot, again on '3 chart, but I am not sure that it will be good (RSI > MA9 and GoldonX on '3 chart)
11:20
I trade a short, but I closed it early, I think I am a little disorientation today thanks to the early section untrade situation and the bed waether. I think this is an explanded flat correction, target price cca. 16810.
11:28
16810 has been reached. In a close future news arrive. If it turn 16850-60 is reacheble to 14:00.
11:30
News. The depth was at 16796, but in this case is not important, explanded flat is possible. It can be wave B with new low. I am waiting a turn, let me see!
11:41
Turned, but not tradable until now.
13:41
16960 has reached. It can be more 10-20 points. News is coming!
13:51
I mentioned a range (10:46), I show it again.
The same expectation :)
ReplyDeletemy Yoda is yours :)))))
ReplyDeleteI see the Market, I am not happy, because YMU4 level is 910-920, now, this is the depth of the range, There is not good RR.....
ReplyDelete:( not good sell possibility
DeleteI want hit 90, but fall....
ReplyDeletemaybe wave 3th, not c? Market ez the target zone
ReplyDeleteezt a szívást, 90-n kitettem a megbízást és abban a pillanatban beesett, előtte 900 körül akartam lőni, de azt nem követte cselekevés.... 70 környéke volt a célár, de ahogy nézem ez nem c, hanem egy 3.
ReplyDeleteHelló Ad! Szerinted nem a-b-c jött le?
ReplyDeleteNem, vagy egy impulzus, vagy 1-2-1-2-3-4
DeleteMorning all,
ReplyDeleteI think this one is not an impulse wave. Its a messy correction?!
We will see
http://kepfeltoltes.hu/140710/dowmini_www.kepfeltoltes.hu_.jpg
here we go ;)
ReplyDeleteIdeally we stay below yesterdays high, and more sellers arrive in the US session.
ohh nice spike on gold... Its does look impulse so fits well for a wave 3 of 5 of something ;) 1340 its resistant...
ReplyDeleteHi all,
ReplyDeleteI am sorry, I worked a lot and I watched Word Cup I slept nothing... Tomorrow I will back!
Gabor Welcome!
Morning all,
ReplyDeleteSo far so good, but the question is, What a hell of this?
I have same idea.
1st idea: Zig Zag
2nd its just a wave "a" of somthing bigger zig zag?
3rd wave "a" of trinagle
4th 1-2,1-2
Important thing is the key level... We will see.
http://kepfeltoltes.hu/140711/dowmini2_www.kepfeltoltes.hu_.jpg
PS: Very nice blog AD, well done.
Thanx
DeleteChange TF! Help you.
I think the direction is more important than the name of the wave:)
I think this day a range day!
ReplyDeleteI had hard week. After work, I slept :)
ReplyDeleteRange day, It is too hard to trade. I plande long 17:27 at 16800, but there wasn"t support from higher tf.