Due to not being able to trade yesterday, I decided to get to the desk a little bit early today. Not sure if it is a good idea or not, as it is not in my time slot.
Opened up the charts, and saw that trend was down. Took the first trade as it looked like there was multiple bottoms around the support line. Should have known better. Should have known better - trend down look for sells, and wait for strong o/s (green) to buy. Took a small loss on this one.
Second trade was sell after the lower low from break of support, and exited at the green. Could have bought, but with daily low being not too far away, and dp at 59, decided to wait for a buy closer to dp.
Third trade took a buy after green, and apparent exhaustion of down move.
This could be it for the day. Lets see.
Regards.
No comments:
Post a Comment