First candle indicated a PDH BOF. Could have entered at the
bearish engulfing candle on PB. Didn’t. BOF at RH was the next signal. No space with
IRL. Hence skipped this trade.
Tried Long at BOF – RN.
Managed to scratch without loss, as TSL had been kept at flip zone. Entered another Long at BOF-PDC. Again TSL at
flipzone helped in escaping with a minimum profit.
Then came the best opportunity of the day. BOF – RN or
BOF/FTC –MSP. Started doing some other
job in the hope that there will not be any big move for the day. Missed a good opportunity to take a WT trade.
Say good bye to fixed ideas and notions, if you want to capture all the good
moves.
Read about keeping
TSL at flipzone a few times. Only today started practicing it. Could escape with a minimum profit, despite
of taking 2 CT trades, thanks to this technique. Had this been
known to me earlier, I would have avoided a major portion of the drawdown.
Thank you Rajeshji for teaching this.
Another positive of the day is – I could enter pretty close
to DP. Thanks to TBBji and Rajeshji.
