Today we had a 2.75pt Gap Dn signaling a potential short term intraday reversal. We sold off early when signs of strength appeared on the 15 minute as NoS at lows and Blocks on the lows on the 4500
Recap Notes:
Trade Selection - Ok trading, Good initial Entry, Good Exits. Sequence 1 was a Liquid short entry based on the open momentum with higher time frame Blocks in the background. I was able to enter sequence 2 short 1454.50 on a c(500 Cycle in trend). I had a good exit as blocks appears across short time frame lows.
INTANGIBLE OBSERVATIONS:
Start slow and Low after hiatis breaks - Today we had a bit of a mixed bag with a tigh range early so I traded light on the morning.