Augubhai's diary and notes

[augubhai]

shorted 2 lots at 10522. trying pure price action. no indicators

 

[augubhai]

sl at 10541

 

[augubhai]

SL at 10535. Add below 514, T1 490

 

[PartTime_Trader]

hmm the market seems to be chasing you today . . .

BNF strong support around 10500-490

for me long above 10565/70+, short below 10490-

 

[augubhai]

Sl hit. (could not post).

Now long from 10546, SL 10534, target 30 points

 

[augubhai]

sl hit 10539

 

[augubhai]

shorted at 514

 

[augubhai]

add at 10500

 

[augubhai]

Right now no positions in BNF. Made many trades. Sometime clicked Buy instead of Sell. Minor loss. Good to trade price action. Big advantage is that i am able to exit with a small loss without waiting for any indicator to tell me.

Current Sell Stop at 10480, Buy Stop at 10560

 

[augubhai]

hmm the market seems to be chasing you today . . .

BNF strong support around 10500-490

for me long above 10565/70+, short below 10490-

Question is why didn't I chase the market. i could have made a profit chasing the market in the morning.