- NF opened with in yesterday closing range
- IR formed (7510 – 7488) with in PDH and PDL; expects a range move
- Also IR coincide with yesterday range play
- Removed BRN as DP as it loose relevance now (seems BW formation)
- Potential trade; BOF of IRH... Or let’s see how price reacts at PDH
- Settled into new range above IRH, will see if BOF of Higher RL gives a long opportunity
- BOF happens, now I will wait for PB to give a TST
- TRAP short may come
- Trade 1: BPB short at 7504 with initial SL 7514
- Exited trade with loss of 12 points; couldn’t spot channel move beforehand
- BOF short at PDH signal; but won’t take now as just had a losing trade. Also sudden volatility scaring me
- BPB short at LOD signal; below 7470, 40 points free fall may come
- Trade 2: BPB short at LOD at 7478 with initial SL 7488
- Moved SL to cost price 7481
- Moved SL to 7466
- Moved SL to 7453 as PDL touched
- Moved SL to 7438; PB high after PDL broke
- Moved SL to 7430; as BRN touched
- Moved SL to 7415; low made before BRN broke
- Moved SL to 7402;
- Exited at 7382 with gain of 94 points
Net Gain: +82
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