DO above PDC & closing range.. IR formed.. went short on BPB of PDC, SAR’ed as BOF of PDL.. exited as not moving expected.. attempted direct BO of RN, covered at pullback high..missed BOF short at RN, as i am eyeing at PDL at that time.
Points earned : +14
Trade1: (10:44 candle)
Short at 7778, as BPB of PDC.. with initial SL 7785
Moved SL to 7772, above pull back high
Moved SL to 7769, above next pull back high
Moved SL to 7763, above pull high after breaking PDL
Trail SL hit; exited with gain of 13 points
Trade2: (11:44 candle)
Long at 7763, as BOF of PDL.. with initial SL 7754
Moved SL to 7759, as trade not moving as expected
Trail SL hit; exited trade with loss of 6 points
Trade3: (12:11 candle)
Short at 7748, as BO of RN.. with initial SL 7756
Moved SL to 7752, as LOD broken
Moved SL to 7746, break even
Moved SL to 7739, above pull back high
Trail SL hit; exited trade with gain of 7 points
Points earned : +14
Hi Rose,
ReplyDeletecongrats and wish you more green days ahead!!
Cheers!
GK
Guru,
ReplyDeleteThanks :)
Hi ,
ReplyDeleteIt is regarding second and third trade. Second trade -- break out failure of PDL -- buy --good one
Third trade - why u did not short on BPB on pdL . near by 7755 ???
Regards
bharat
bharat,
Deletefirstly, 2nd trade is unnecessary.. i should have waited for one more attempt, as it is CT.
3rd trade -- we cant trade same DP immediately, specially after failure of recent signal.. also RN is very close, hence i prefer to trade signal at RN.