DJI switch to a buy
My DJI strategy is switching to buy into the close today. I might be jumping the gun on this buy I followed my 5 minute strategy in order to position myself at 27375 so I am in the money with a stop loss above break even.
Nota
I am moving the stop loss up on this accordingly...Nota
Nota
There is reason to caution right now. I would close longs for profit and look for a place to re-enter lower or above 27500.Nota
Nota
Buy Signal on the 5 minute chart. Good time to re-enterNota
The stops were ran right at the point many people jumped on long to trade the pop. But what it led too is a bigger pop up than we should've had and now we will come up to resistance sooner. We tend to see action like this when we are at a market top. Longer term trades can stay long but If you were stopped out I would stay neutral and wait for the next signal. I think this correction will continue playing out next week.Nota
Great to place to re-enter long. Our 1 hour stop level was tagged.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.