Afternoon,

Wow! What a volatile day. After being down almost 800 points intra-day the DOW closed down 369.00. The bars were big and many had wicks. Still, using the trades taught on my blog, there were a couple of winning trades.

The first trade was a trader’s trick set-up after a trend line break below the 56 EMA. The time was 10:48 am CST with a short entry of 590.70.

The next trade was a bobber set-upat 11:45 am CST. There was a short entry of 583.00. The trade was up 1.90 points, with in one tick of our objective, and the stop was moved to break even. The trade broke even.

The last trade was another trader’s trick set-up after a trend line break below the 56 EMA. The time was 12:45 pm CST with a short entry of 580.70. Here is the chart of trade 1, 2 and 3.

Trades 1, 2 and 3

The market did rally into the end of the day but there were no set-ups. It is nice to know that even in these historic times our strategies continue to make money.

Have a great evening.

Best regards,

Ron

This is not a solicitation to buy or sell. 
There is a risk in any investment