Dow Trading - The nearest SELL trigger is at 10160. The nearest confirming BUY triggers are at 10,310 and then importantly at 10,345. As mentioned earlier upside looks very limited where 10,345 would target 10,425 to 10,500. On the short side 10,160 first targeting 9950 to 9900.

By Nadeem Walayat
http://www.marketoracle.co.uk

Nadeem Walayat has over 20 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis specialises on the housing market and interest rates. Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication. We present in-depth analysis from over 300 experienced analysts on a range of views of the probable direction of the financial markets. Thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

Comments

Abid
17 Nov 09, 12:58

How to generate triggers and stop losses

I'm always very interested in reading your articles and have to agree with everything you've said concerning this bull market run.

Im very interested in learning how you trade successfully. Especially learning how you generate the triggers you use and how to calculate appropriate stop loss for each trigger. Hopefully you can teach these methods in a future article..?

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