Symbol - DJI
Dow Jones is currently trading at 39850
I'm seeing a trading opportunity on sell side.
Shorting DJI at CMP 39850
I will be adding more if 40050 comes & will hold with SL of 40200
Targets I'm expecting are 39115 - 38585 - 38175 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Dow Jones is currently trading at 39850
I'm seeing a trading opportunity on sell side.
Shorting DJI at CMP 39850
I will be adding more if 40050 comes & will hold with SL of 40200
Targets I'm expecting are 39115 - 38585 - 38175 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Trade active:
CMP 40050
Adding more quantity here.
Avg Sell Price now is 39950
Holding with 40200 SL for mentioned targets.
Adding more quantity here.
Avg Sell Price now is 39950
Holding with 40200 SL for mentioned targets.
Trade active:
CMP 39806
144 points in profit.
144 points in profit.
Trade active:
CMP 39600
350 points in profit. Holding with CTC SL now.
350 points in profit. Holding with CTC SL now.
Trade closed: target reached:
CMP 39100
First target hit. 850 points in profit.
First target hit. 850 points in profit.
Trade closed: target reached:
CMP 38580
Second Target hit. 1370 pips in profit.
Second Target hit. 1370 pips in profit.
Trade closed: target reached:
CMP 38085
All targets hit. 1860 points move captured.
DONE & DUSTED!
P.S. : US GDP data was due today. I prefer not to trade while major data releases so I booked my position yesterday after hitting second target. Today markets are reacting negatively to data release hitting my third & final target.
A retracement is pending on long side so I may look for a long trade around 38000 round level.
All targets hit. 1860 points move captured.
DONE & DUSTED!
P.S. : US GDP data was due today. I prefer not to trade while major data releases so I booked my position yesterday after hitting second target. Today markets are reacting negatively to data release hitting my third & final target.
A retracement is pending on long side so I may look for a long trade around 38000 round level.
Booking full position here.
1510 pips profit booked.
It may reach third & final target as well but I have already captured a big move. So, booking full here.