*** Just paper trades to test my sync with markets ***
Market Commentary & Trade Log:
- 100 point gap up
- NF trading way above PDH & huge gap up sustaining
- Will wait for range formation and look to buy lows
- Look for BOF short at BRN (8100), if 2nd attempt fails by rapid rejection... only if SL can be below 10 points
- PP/BPB long above BRN or BOF short below BRN... let’s see PA after breaking BRN in next attempt.
- Red zone drawn 8110-8100
- Trade 1: BOF of BRN/DH short at 8095 with initial SL 8103
- Sharp fall; moved SL to 8059 (morning RL)
- Drawn green zone; 8000-7094 (nothing but BRN-PDH)
- Will look for SAR trade as BOF of PDH/BRN... if risk favors
- Sharp surge from green zone; on 5M chart it was TST of BRN, missed to book profit/reversed to longs
- Moved SL to 8037, high made before TST to BRN
- Moved SL to 8010, once BRN and PDH broken
- Look for SAR trade as BOF of PDH/BRN, short covering at fag end?
- Trade 2: SAR’ed at 8007 with initial SL 7998
- Exited with loss of 11 points
- Done for the day
Points earned: +70
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