Today and tomorrow, May 1st and 2nd, form the next risk window for a turn up or sharp acceleration of the current short term down trend. The system is currently long RYDHX with a 20887 DJIA at 3pm stop.
Regards,
Douglas
Douglas Trading System
Started by
Douglas
, May 01 2017 09:46 AM
1 reply to this topic
#2
Douglas
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Posted 02 May 2017 - 09:57 AM
The current risk window closes today. Given the lacklustre horizontal action so far in the window, I'll be danged if I can figure out if it's a top or a bottom which doesn't exactly help. The next risk window appears to be this Friday the 5th probably stretching into Monday the 8th. Tomorrow doesn't show up on my risk window screen, but the FED ramblings released in the afternoon could also rattle the market. I'm not the only one who thinks this week is risky. Fast forward through Larry Pesavento's YouTube video from yesterday until you get to his guest K.W. Murphy's presentation if you need a good fright.
Regards,
Douglas
Regards,
Douglas
Edited by Douglas, 02 May 2017 - 10:04 AM.
