25 - 08 - 2015

*** Just paper trades to test my sync with markets ***

Market Commentary & Trade Log:

1. Market in high bearish mode; Look to sell at open if any weakness persists
2. NF opened above BRN (7900); red candle
3. Pull back happen, will try for BPB short
4. Trade 1 : BPB short at 7893 with initial SL 7906 (above high of BD candle)
5. Moved SL to 7895; break even once stalled at RN
6. BOF happened at BRN/PDC
7. Moved SL to 7869 (above pull back high)
8. Sharp down through BRN and PDL
9. Moved SL to 7775 (above PDL)
10. Stalled at BRN (7700)
11. Ignoring BRN level as cross bars happening (BW happening?)
12. Will look for BOF long at DL, as critical mass is short... any surprise rally comes from DL
13. Drawn support zone 7689-7707
14. Trade 2 : SAR’ed to long at 7708 with initial SL 7688 (below earlier DL/support zone)
15. Good up move through fluid
16. Moved SL to 7761 (below PDL BO candle)
17. Moved SL to 7785 (below BRN BO candle)
18. Stalled at BRN (7900)
19. Drawn resistance zone 7900-7916
20. Good possibility of SAR trade if BOF happen at BRN/Red zone
21. Moved SL to 7860 (below pin bar low) after couple of TST’s to BRN
22. Exited with gain of 150 points
23. One last trade possibility; BOF of BRN/Red zone.. if happen before 3:15
24. Done for today

  

Points earned:  +330

PS: This is too good to be true J Happy to see DP's respected even in these volatile session!