This was a Dow Jones breakout trade that I took as the price broke into new all time highs.
The video will walk you through my market analysis, trade decision process and show you how I managed my exit strategy.
I say managed my exit, because some unexpected circumstances were around the corner, which I needed to take action on.
Patrick
Good article Dale, but I have another question outside this article. how to go the daily commentary link or maybe you have discarded it on the new site?
Wayne Wardman
A very intelligent approach, including the exit rationale
Steve Epperson
Brought the music back, eh? My foot’s still tapp’n. Don’t make me get up and shake it, Dale!
I like the explanation here of the set up. However, what most of us amateurs have trouble with is the proper exit at the proper time. I think you did a nice job of reiterating when to get out. As usual, thanks for the great video.