Gap down of 60 points.. IR formed (7700 - 7678).. attempted BO of IRH/BRN as PP.. NF fell sharply after TST of PDC/PDL..exited long at 7720. Took BPB short at BRN, nice fall… trailed till EOD.
Trade1: (10:44 candle)
Long at 7704, as BO of IRH/BRN.. with initial SL 7695
Moved SL to 7698, below BRN
Moved SL to 7720, low made before TST of PDL
Trail SL hit; exited trade with gain of 14 points
Trade2: (13:53 candle)
Short at 7693, as BPB of BRN.. with initial SL 7702
Moved SL to 7691, break even
Moved SL to 7686, above pull back high
Moved SL to 7778, above morning low
Moved SL to 7770, above next pull back high
Moved SL to 7760, above high if RN BO candle
Moved SL to 7752, above RN
Moved SL to 7635, when 2nd push seems failing
Exited at 7626, with gain of 65 pointsPoints earned : +79
Rose, nice trades. Would you have considered TST of PDC/PDL if you weren't already in a Long trade. And will you be doing a monthly review?
ReplyDeleteI was looking for BPB of PDL to reverse to shorts at that time... even if i dont have position, i do wait for BPB/BOF signals.. FTC/TST are weak signals, also UP move is CT.. so i prefer to wait for strong signal there.
ReplyDeleteReg monthly review.. as of now i am just recording number of points earned on daily basis.