Monday, May 4, 2015

4th May 15

tremendous flawed start to the new month.

1st trade was placed as I missed a move. It was in the middle of the day range. None of the DP were near.

2nd trade was better as was near DO.

Both trade taken out by a plunge in the market.

from the moment of the first trade, market was in a range of 18650 to 18590 and was wrapping the 21 EMA like a twiner. Did it give any indication of the plunge?

Points for the day: -147
Points for the week: -147
Points for the month: -147



broke rule of "2 max trades" and took another trade @ 14:37 @ 18505. Not a Bracket Order but a positional order. Will look to book around 18750.



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