USA Existing Home Sales

Contract: Mini Dow
Result: No Trade

Prior: 6.12M (revised to 6.15M)
Expected: 6.14M
Actual: 5.99M

I wanted a trigger of 0.3 to get into a trade on the short side and a trigger of 0.6 for the long side, simply because the Dow is in bear phase in the market cycle on a 5 and 15 minute chart. I was already long from 13479 when this number came out with a stop at 13487. When the number was released, the market spiked down slightly and then headed up and chopped for the rest of the day. My stop got hit and took me out of my trade for +8.

Watch the video 

Dow 

Existing Home Sales

British Pound

Existing Home Sales BP

Euro

Existing Home Sales EC

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