Inside Gap up opening.
1) Wanted to go Long at strong PDL/PDC BOF. Expected IRL to act as FZ after 20+ points move below. Hence wanted the price to settle inside IR to let me enter. Missed this good signal.
2) Took BPB BRN and got stopped out. -6.5 points.
3) Thought that the BOF will be pretty strong and took that too. Again stopped out. -6.5 points.
It is a problem reading the price action on Fridays and other days before holidays. Needs to work on this.
1) Wanted to go Long at strong PDL/PDC BOF. Expected IRL to act as FZ after 20+ points move below. Hence wanted the price to settle inside IR to let me enter. Missed this good signal.
2) Took BPB BRN and got stopped out. -6.5 points.
3) Thought that the BOF will be pretty strong and took that too. Again stopped out. -6.5 points.
It is a problem reading the price action on Fridays and other days before holidays. Needs to work on this.
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