Market taught a few lessons,
extracting the profits, I made in the last two weeks as tuition fee.
1) Longed @ BOF PDL. Stopped out.
Gave 11 points. Should have gone for touch trade @ PDL, when price pulled back.
2) Shorted BPB PDL @ then LOD, as
price failed to move up after 3 attempts. Gave 10 points. Price reacted as if it
touched a live wire on every attempt at PDL. A bounce was very much on the
cards. Took this trade with hesitation and learnt the lesson, the hard way. Whipsawed both ways.
3) Longed @ BPB BRN, exactly at MSP,
as price didn’t go below BRN on Pull back. Price promptly fell down after
filling my order. Should have waited till MSP was broken. Gave 7 points.
4) Shorted BPB PDL. Got 16 points.
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