1) Gapped down
below PDL. Entered direct BO below IRL
on seeing LH. Price had gone down below IRL, just a moment before the order
could be placed. So missed a trade,
which would have given some minimum profit.
2) BOF/BOF:
BOF of RL occurred. So should have expected IRH to get
broken. Instead, shorted on seeing a nice pinbar, which very much looked like a
BOF. Paid with SL.
3) BOF/BO/BOF:
Price consolidated just below IRH for more than an
hour. Order accumulation above IRH pushed the price in a jiffy to PDL. Lack of
buying above PDL resulted in BOF. Shorted at the breach of swing low below IRL
and made a small profit.
Should have trusted the strength of BOF of PDL and
shorted at the breach of first swing low after BOF(above IRH) and gained more profit.
4) BOF/FTC: Ignored this trade rightly. Move
originating from a BOF was stopped by a FTC setup. Due to want of trapped
traders, there was no order flow in the reversal direction. Hence price moved
in a tight range for an hour.
5) TRAP: BOF of MSP was a good signal. But swing low
was formed only below IRL. As the space with DL was very less, skipped this
trade. It was the signal of the day. Could see the strength of TRAP setup today. Missed 20 points.
Scoresheet.
Right trade: 1
Wrong trade:1
Missed trade: 1
Delayed entry: 1
Net Result: No loss No gain
