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Tried responsive long at ibl
Would have been better to wait that they test the prior days belly low
Or to not trade at all at big expiry day
There is much potential for anger when you trade on days on which you are not sure if you should trade at all. In future i will not open the platform on these days,
As we entered the spike without resistance i took the first two scalps
Later in the move it usually washes out and gets unclean and is not a good trade location anymore
Condition 1
otf up
price exploring
yesterday trendday
Condition 0
whole eth is in upper third of y range
Thoughts
Usually after trend days we see consolidation and have low opportunity
But anything can happen. especially with these speakers today
Do not develop bias
Focus on small scalps
looked like gap and go so i shorted a pullback, failed
looked like dip buying so i bought it, worked but did not follow through
made a nice flat conso of the up-move but still did not follow through
we had a long time with controversial mgi:
intraday behaviour was up
but we were not able to fill the gap
So i shorted for a potential rollover, worked fine
at ibl we had strong support so i ended the day with long trades
In the end we have
-value clean lower
-not able to fill the gap
-but no follow though to the downside
On some days it feels like it has to go either up or down
but it simply stays in the area
(which is monthly vwap and poc)
ended with +16 points, could have easily be a larger loss day