1) No Gaps. Initial move was
in the upward direction. Didn’t go “Long”, as PDH was nearby.
2) Price fell down without
testing PDH. Expected the price to be
supported at PDC, which happened to be a strong confluence of BRN Spot and IRL.
The confluence was easily broken. Didn’t ‘short’ here, as PDL was closely
located.
3) Shorted the PB of PDL. Got
8 points. Should have got 10 more points. Trailing was not done as per the
plan. This is an area, which needs to improve.
4) FTC at Day Low was
followed by consolidation. Went Long above the highest swing pivot. Scratched
when price fell below the entry candle low. Gave away 3 points. Here should have waited till the swing pivot got broken and entered at PB. Had it been a MSP BOF, would have lost more.
5) Market was quite choppy
thereafter. Didn’t take TRAP Long, as it was already 2.45 PM and the margin was
not sufficient to trade after 3.00 PM
