Today's Trading Analysis
We have couple of trades today, the first one, shorted @ 5020 and covered @ 5025 as the 5 EMA break out 30 EMA, ends in just 5 points profit!
Second trade, took long @ 5018 and it didn't broken out the entire day, so if you have closed on EOD, you might ended up 100 profits
but in the afternoon there is some big movements happened and my charts shows some gap up and usually its a sign to to cover the position at the higher level and wait for the next signal, I closed at 5080 (62 points profit)
Unfortunately, it goes well within the trend whole day, lesson learned now to wait for crossover and never break the rules
For tomorrow, again will wait for 30 EMA touch to take fresh positions :thumb:
No. of trades: 2
Total Profits: 67 Points