None of the trades got triggered.
Managed a trade in BNF in options that gave 100 points. I will share the chart just to show the reason of taking the trade. The SL was kept at 50 points and target was at 100 points. Got the target in this trade. Had I held on it would have yielded more but one cant expect to be perfect. Playing by the rules is a far better option.

BNF trade:
BNF after trading below the opening level finally did rally to make a new day high but could not even test the PDL. This showed renewed supply near the PDL and I was looking for a setup to short. The TL drawn was broken and after the pullback when it resumed the move downwards, I went long in 23300 PE with a SL of 50 points and a target of 100 points. My profit target was hit and the trade was closed.

Managed a trade in BNF in options that gave 100 points. I will share the chart just to show the reason of taking the trade. The SL was kept at 50 points and target was at 100 points. Got the target in this trade. Had I held on it would have yielded more but one cant expect to be perfect. Playing by the rules is a far better option.
BNF trade:
BNF after trading below the opening level finally did rally to make a new day high but could not even test the PDL. This showed renewed supply near the PDL and I was looking for a setup to short. The TL drawn was broken and after the pullback when it resumed the move downwards, I went long in 23300 PE with a SL of 50 points and a target of 100 points. My profit target was hit and the trade was closed.
No comments:
Post a Comment