Mini Dow

 

** Simulator **

There were a few profitable trades and then this one which was stopped out.

0220-2

 

Looking back we can come up with a couple possible reasons for it. However, an important point is that for this approach we need to be careful buying at the top of the band. This is a failed breakout of the 25042 level. Price moved all the way to the lower band, to the tick. Also, on the bar after entry we can start to see the stochastics turning over (lower) again.

 

 

 

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