[09:30] Day trend Down; IR (7627-08) formed just above PDL; prefer sell opportunity at PDL
[09:51] Broke PDL strongly with no PB so far
[10:54] Pulled back till PDL; will wait for another failure attempt to sell
[11:23] Potential Trade : BOF of PDL short at 7594 with initial SL 7613; look to scratch if sharp fall doesn't produce
[11:39] Price has different plan; negated short signal and moved to DO/DH now
[11:51] Price struggling to sustain above DH (coincide with NS 7600)
[11:54] Trade 1: BOF of DH/NS BRN short at 7620 with initial SL 7528; PDL 10 points away, ready to scratch
[12:15] Moved SL to 7623 seeing price reversing from PDL
[12:30] Moved SL to 7618, cost. and price negotiating with PDL again
[12:33] Moved SL to 7614, above high of PDL Break down candle
[12:45] Moved SL to 7605
[12:51] Exited with gain of 13 points
[13:00] Removed BRN and PDL as DP's
[15:00] Boring day; Done for today
Net: +13
cool.. How did you manage to skip the BOF of ODL at [10:48]
ReplyDeleteZen,
ReplyDeletePrice fall 50 points down and did 50 point rise.. so I suspected some consolidation before next break down and waited for another failure to happen (10:54 comment)
At 11:23 placed order, but price moved to DH.. and attempted short later