tried to post a bigger image but could not do it, will find out some other way, hope the entry and exit points are clear.
1. Today NF opened with a Gap Up, first bar of the day was a huge bull trend bar followed by similar size bear trend bar.
So shorted NF @ 5586 expecting the gap to be filled, but almost 11-12 bars were above 20 ema so squared off short as soon as price traded below 20 ema @ 5581, NF made a low of 5576 here.
2. Second entry was a long trade above the bull trend bar high (H2) @ 5584 for a target of day's high @ 5593, but there was a huge bull trend bar breaking the resistance of 5595 and closing well above 5600. I was worried about not able to take profit so as soon as I see a bear trend bar forming I exited long @ 5607.
NF went on to make a high of 5622 (Need to work on this)
3 As NF made a high of 5622 it was a rising wedge, so now I was ready for short. As NF broken the rising trendline, I was expecting a pullback near 5622 where I was going to short but it didnt happen and NF straightway fell near 5570.
So now it became a very high probability short so decided to increase my position size and wait for L2 entry which came around 5576, so shorted NF @ 5576 with 5589 as stoploss for target of yesterday's low around 5550
it went right through my target to close around 5541 after 8 bars from entry and again I didn't want to lose profit so I squared off my short @ 5539
Again I exited too soon and NF made a low of 5594
So my entries today were alright but my exits were awfully wrong as I was mesmerised by the good profits and could not hold on to such good entries.
I will try to incorporate some way in my plan to exit so that I can stay in a trade for long time.