Opened with Big Gap up. Waited for RL to be formed. But soon
price hit PDH, filling the Gap in no time
1) Placed a TT Long at PDH, expecting
it to act as Flip zone. Cancelled the
order just in time. Missed the down move. Lesson learnt.
2)Price did not make a serious
attempt to test probable RH @8786. In fact retracement was less than 50% and
price was hovering just above the then LOD foretelling the next big fall. Shorted there and exited with
a Limit order @ 8702. Got 44 points.
3) Was surprised by another big fall.
Missed it.
