September 18, 2018

Market outlook

Daily charts:
- trend is down on daily charts
- today NF closed 0.9% in negative at 11279
- AD was > 1:2 and < 1:3

- option writing support 11200 resistance 11500




5 min charts:
- short trade gave minor profits
- long trade gave minor profits
- missed the last short trade... fatigue/ tiredness.. lost 20 points in PE profits



- the missed trade would have given atleast 20 points profits in 10300 PE... see chart




Traded in 2 accounts.
Funny thing is thanks to the narrow ranges and delay in order entering, there was a lot of difference in profits.

Account 1



Account 2



15 min charts:
- trend is down
- note markets have taken support at 12 SEP low



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