21 - Jun - 2017 (+17)

Market Commentary

9:45 AM: Gap down below PDL and price sustained as well. Will see for opportunity to enter short as BOF of RH

12:40 PM: 9643-27 is narrow range price trading, will see PA at extremes. Preferable to short as BOF of RH. BPB of RL short has FTA as DL very close

13:40 PM: BOF of RL opportunity also exists now. will attempt with half quantity if triggered. BO of low happened after enough consolidation, lack of momentum and BOF signal now adds strength to bulls

14:00 PM: Trade 1 – BOF of RL long at 9630 with Initial SL 9623, FTA is RH 13 points away. Will scratch if doesn’t work

14:10 PM: Moved SL to 9632, to cost

14:20 PM: Moved SL to 9640

14:40 PM: Moved SL to 9649, below swing low formed before attempting PDL

15:15 PM: Auto squared off with gain of 17 points

Points earned: +17