The Markets produced a fairly interesting Week with the DOW achieving all time highs and not finding any apparent resistance at the previous 2007 all time high. Quite amazing to consider that every long position you had ever taken will now be showing a significant profit! In fact, I'd guess most of us would be multi-millionaires if we'd held onto every DOW long trade ever taken!
Having Day Traded FTSE and DOW for a few years I've built up an over-familiarity with them that skews my judgement when making long term forecasts. Furthermore, it's not often that I'll swing trade these Indices because again, my familiarity with them causes me to cut positions too early for the wrong reasons, i.e I'm so used to their constant twists and turns, I'll often exit a swing trade with a view to