BNF Intraday Dairy

[augubhai]

why did you not take the short at the 1:00 PM bar? was is bcos the ma was sloping upwards? or was it something to do with the market profile?

 

[PartTime_Trader]

why did you not take the short at the 1:00 PM bar? was is bcos the ma was sloping upwards? or was it something to do with the market profile?

The short signal was around 12:40, but today after the gap-up open and sideways drift, had decided that will look for intra-day short only below LoD. These kind of sideways movement will usually show-up as flag formation on higher time frames.

Reversed the positional trade to short and back to long, will be carrying it for tomorrow if it survives till 3:30

 

[PartTime_Trader]

Booked the positional long, will re-enter on a fresh break-out or a good retrenchment.

messed-up the intra-day entry missing out on a good long trade

 

[PartTime_Trader]

re-entered BNF long stops/reversal on close below 10540

 

[augubhai]

Today BNF is more sluggish than NF. Usually, BNF breaks out first and NF follows, but today BNF seems to be slowing NF down.

 

[PartTime_Trader]

Today BNF is more sluggish than NF. Usually, BNF breaks out first and NF follows, but today BNF seems to be slowing NF down.

well we expect too much from BNF

bnf is 1.25% up and nifty 1%

Carrying a position to next day and including that while trading intraday seems to be helping. Will try and continue to do so.

carrying long on BNF

 

[PartTime_Trader]

Hello

There are many on this forum who are trading more actively than me and post almost simultaneously, hats off to them, but its not my cup of tea

I am not able to manage maintaining posting on this diary along with trading activity.

Anyway, out of yesterdays long at xx630, an intraday short at 610.

Cheers