Woke up, felt sleepy and I almost didn’t wake up on my alarm. Plotted my lines, almost forgot to do this after getting the input. I saw that it was OS PD CF so it should go SHORT. plotted the fibonacci and look for other problems if we go short. I decided to go short prior to market Open, and the price never threatened my entry prior to market open. Price went down as planned but only went for 27 points then it went up. SL at the second candle. I traded the trade 2 due to OS R3, it was SL as well as the price went up for 392 points. It was a loss today.



- Started charting at 8:45
- Plot 11:15 / 18:30 / 5:00
- Plot Pivot lines
- Look for Zones – Buy Zone was identified since it was a OS PD R3 setup.
- Look for OS – OS for PD R3 CF, it was OS for CD and I shorted it but didn’t wait for price to go above future R3. SL for both. Always wait for it.
- Look for Hill – Not HILL
- Check if Trail – not Trail
- Check for alternate scenarios – There is was Trade 2 but traded it above R3 Cash but not yet R3 Future. Should have waited for above R3.
- Identify problem areas – Problem areas identified was only above the previous swing prior to open. At 100 points, if it went up, trade idea should be invalidated. It went up so it was invalidated.
- Record Trade at database – Done
- Screenshot price action – Done
- Followed Rules – Did not followed rules, Lose Trade 1 & 2, NEXT