Daily charts:
- trend is up on daily charts
- today NF closed 0.5% in positive at 10686
- AD was slightly negative at 8:9
- option writing support 10500
5 min charts:
- stopped out from overnight long positions
- stopped out from next short trade
- did not consider the long trade at 1pm breakout
- here breakout bar was big and my SL too deep
Had I taken a long position in say 10700 call, there would have been wild swings... see chart after 1pm.
Any price action traders here? How would you have traded today's market?
- trend is up on daily charts
- today NF closed 0.5% in positive at 10686
- AD was slightly negative at 8:9
- option writing support 10500
5 min charts:
- stopped out from overnight long positions
- stopped out from next short trade
- did not consider the long trade at 1pm breakout
- here breakout bar was big and my SL too deep
Had I taken a long position in say 10700 call, there would have been wild swings... see chart after 1pm.
Any price action traders here? How would you have traded today's market?
