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I could not recognize it well from opening , and my action turned like swimming against the stream. I had only advantage of higher selling price...otherwise with regular momentum entry a loss was sure. As long as i was in trade i never felt that im against the undercurrent , reason for this , i was seeing this as limited activity day between two demand/supply zone marked. From my regular approach i had to think for long after Creek bar and as long as it was floating above 5Day VWAP....though i scratched it onec i get nod that its not going to work. What happened after that is even more surprising and roller coaster....i cant say if it was due to some news or something else... ?
Harvest The Moon Nest The Market
Can you help answer these questions from other members on NexusFi?
Though i could not manage short effectively, but there were couple of other reason behind that..and one was very abstract and sometime i do overweight them intuitively.
Apart from breakdown and creek , at the location/time of my entry TPO developing value was clearly non-overlapping with previous session. Even both current price and previous day price being from different expiry on my chart ( 31-Jan prices were jan expiry and 1-Feb are Feb expiry ) i was still intuitively confident of "Value" parallel finally and that would have been possible only by developing further below VWAP.