1)Lost focus and misinterpreted the
PA. Thought that there was no strong buying after the first 2 minutes and hence
skipped PB Long at 9.33 candle high.
Instead, shorted on retest. Noticed the steady acceleration throughout the
retest upswing only after the short order was filled. In
hindsight, it was a stupid CT short, taken before seeing the strength of bears,
against the strength of bulls. Gave 6 points.
When the right trade is missed, more
often than not, one takes the wrong trade and pays the price.
2) Spring below RL. Considered it as
BOF in making and longed on seeing a strong green candle, closing on the high.
RL resisted and existed with just 4 points.
Disclay muchimer: I am not a Research
Analyst, registered with SEBI/MCX or any Exchange. I maintain this blog only
for my own learning purpose and recording my thoughts on intraday activity of
Market. I do not give any kind of trading advice to anyone. My methods will
result in severe losses. Hence please do not follow me.
