Augubhai's diary and notes

How many day trading levels will I complete in 2012? A level is about 100 NF points.


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augubhai

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:confused:Thought of going long at 5417, but held back. Couple of reasons
1. Up bars were forming with lower volumes, until the last 2 bars. But the volume of the last 2 bars could be just the volume thrust towards the end of the 30 minute bar (whatever)
2. The HOD was close. Could be a breakout failure.

Am I getting the other disease - waiting for too much confirmation?
:confused::confused:
 

augubhai

Well-Known Member
Still holding long. Could have exited on a time stop, but then looking again I think that the uptrend line that started at 1:50 is still intact.

NF hanging around yesterday's lows. Breakout and then I think 30 points clear on either side.
 
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