28.10.2015

1. Went Long - Thought Process - Prices were Holding on Day Open (8204) and earlier at 11:27
and 11:25, Two BO attempts to break Lower Range got failed. SL was below the Pin Bar made at 11:27 which got hit
as marked by Blue Line.

2. Went Short - Thought Process - Prices BO at Lower Range and sustained in the area.
Kept SL above the BO Bar. Covered the Position as marked by Blue Line

3. Again Went Long - Thought Process - Last Leg was Bullish and it seems that Bulls have taken the control. SL Hit as marked by Blue Line

4. Went Short - BO of Range Low. Covered the Position as Marked by Blue Line

Result of The Day - The Day Closed with a small Loss and moreover i made my Broker Happy.

 

Mistakes -

1. Ignored the Rule of Master Candle as in both Long Positions earlier i decided to on the following conditions:
 - At No. 1 Long Position, i first decided to went long only once the prices closed above line marked as NS BRN as it is high of the BO candle also
    but went Long when see that prices are holding at Day Open.
2. At Second Long Position Also earlier  i decided to go long only once the prices closed above the last swing High candle made at 13:33, but wnet long in Hurry.

3. At the starting of day i was in view that prices had opened below the PDC and prices are in the Sell Zone and i will only look for the Short Opportunities
 but meanwhile i forced my self to take Counter Trend Positions and Ignored the Current Bias