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13 April 2018

12-04-18 NIfty (-7)

  • Took 2 trades with some gain. First one SL and the 2 nd with some gain.
  • First trade tried the TST setup of PDH. But failed to grasp the over all picture. Market was gaining momentum in the upward direction. First it was unable to break the initial range and it broke last swing high. Missed to grasp and paid the price. Trade management was also poor. I could have sensed that there is no momentum and there was a possibility to scratch.
  • 2nd trade at correct location, but there was scope of improvement of trade management.

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