Dow Short Trade – 100 points in an hour

The trade was opened and shortly thereafter there was sharp selling. This allowed for a breakeven stop to be entered.

After a while I moved the stop loss lower and also had a take profit order in.

Then it was decided to move the stop loss to +100 points profit which is where the trade was closed out

Litecoin Short Trade – $7 dollars profit per coin

Here is a recent short trade on Litecoin, specifically LTC/USD. The first image shows the buy and sell levels and an orange line which is a Fibonacci level.

The price moved above that 23.6 level. We can see the price moving up to the level, consolidating around it, and moving higher.

The second image shows where the Fibonacci levels were drawn on a weekly chart

You might say that the price wanted to come down to test that level after moving through it to the upside.