Market
Commentary
10:15 AM: DO near PDC and sharp up move
above BRN, followed by sharp fall till RN now. Price didn’t give any
opportunity at PDH for safer entry.
10:57 AM: BOF of DO/PDC short placed at
9565
11:03 AM: Cancelled short order after 2
green candles above PDC; will wait for PA at PDH
11:31 AM: Trade 1 – BOF of PDH short at 9582 with Initial SL 9591, FTA PDC/DO
is 12 points away, will scratch if trade doesn’t move in favor fast
11:48 AM: Exited with loss of 11 points;
price shooted up till BRN and reversing with same force. Suspecting BW, will
stay out till some clear signal comes.
12:47 PM: A bit confused on PA today, will
attempt trade only if any low risk tradable setup at DH/DL now
14:00 PM: Price settled above DH now, not expecting
any trades for today
Points earned: -11
Thanks for the chart..
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