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Neither i could think on others way...neither i can trade like.
I did what i was comfortable and confident.
I was planning to Long near IB low....but at that point i could not find any thing turning which might infuse confidence.
Rather the prices was looking like retracing down from major Supply Level ( LTZ marked yesterday ).
So it should be arrested at similar Demand level. IB low looks like week demand.
I was not very objective despite clearly seeing every thing in my front. My trade again got off from main theme of day...its not hindsight now, but i was feeling it live. This started with confusion between strong opening upside conviction and tumbling delta in marked rectangle, just after opening drive.
I dont wanted to neglect former, but was also denying importance of latter being near LTZ. I am leaving this judgement as individual action...i gone with former and waited for better long opportunity. I was seeing creek jump short entry bar marked 1, being also a breakdown from rectangle. But honestly i feel , if assessment is right then these entries dont matter much...rather they delay and skew the risk reward. Thats the exact thing i did in bottom...didnt waited for creek entry for going long.
At the EOD, when i see this chart from ACD perspective, it make sense how this day turned down with successful A Down ( Note : right now i have no idea how to set A/C values for NF in this volatility regime ) and more importantly how ACD Entry Odds rectangle is used in conjunction to whatever has been evolved till that point. Mind it, its hindsight EOD observation.
I was better objective today. Not detailing everything....but in summary three zone marked 1 , 2 and 3 were responsible for today's trade action. It was only the call of whether to "Continue" through three day balance low ( and a demand level marked on daily chart ) or get "reversed" for another rotation leg.
