Disclaimer : I am not a Research Analyst. Hind sight analysis for FUN. Trading future will incur losses. DONOT TRADE
Hi Shashank, Good trade.Please see my blog and comment on my wrong aggressive trade management.
Hi Anil, On slow ranging days give some time for trades to move. 45 min. Think of scratching after that.
Also tell your trailing way for this trade if possible.
I expected Order flow to take it above the DH, it didn't happen so exited.
Hi Shashank, can you plz tell us the reasoning behind your long trade at around 1:30 pm.I see you and AKS both taking the same trade. It can't be pure coincidence :). There must be some rationale behind it.All I can notice is that there was strong bear candle (MC) before it. And market broke the high of that MC.ThanksTraderInTheZone
It was range extreme. Morning it acted as resistance then acted as good support. Took BOF trade.
Also i felt pattern failure (BPB of PDH short trade)
Thanks for the reply to both of you, Shashank and Sunil :)
Have a look at this pic and tell me if there was something more to it than what I have noted:http://i.imgur.com/rAXgqMS.jpg