Gapped up and retraced upto PDH. BOF here was a good
Long signal. Didn’t take it. Took BO above IRH. Scratched, as this trade didn’t
move well.
Did not short the BOF oh IRH, as the MBB was sloping
up. HL was noticed with a pinbar at LBB, signaling the price movement towards
the fluid area above RH.
Shorted on seeing the hammer at UBB and it was a
mistake. Scratched again
Didn’t take the BO of RH Long, as I expected a DT or
channel. Missed the move of the day .
BOF trades taken at IRL and IRH often deceive. Must
wait for swing low/high to be formed before taking BOF trades at IRH/IRL.
Having learnt to come out very quickly with minimum
loss, if trade doesn’t go in the intended direction, I must take all the trades hereafter.
