*** Just paper trades to test my sync with markets ***
Market Commentary & Trade Log:
- NF opened below PDL, TST to BRN and moving up
- Will wait for range to form or PA at BRN
- Rapid rejection from BRN as BOF, couldn’t find an entry as no TST/PB till BRN happened after BOFBRN broken finally;
- will see if BOF long or BPB short
- Didn’t get PB after BO, missed entry to short
- Hesitated to take BPB short after TST, as risk is 14 points. Let’s if second chance provided
- Expected some range formation here and missed BPB short entry
- Trade 1: BPB short at 7794 with initial SL 7802 (just taking chance as risk is with in limit)
- Sharply reversing from RN, moved SL to 7779
- Exited with gain of 13 points
- Done for today
Points earned: +13
PS: I guess 3M charts would
have given clear signal and entry with minimal risk as I see 5M chart gave
lagging signal today & trades coming with SL not in my limit.