4th Nov 2019

NF Closed @ 11938.15

We closed near day's high. Potential COD.

@9.00 AM

NF Value Areas,

VAH - 11925
POC - 11910
VAL - 11895

N.Spot

VAH - 11900
POC - 11880
VAL - 11865

Hypo - 1 - If Price opens above YVAH, price might test 11970 /  11980 Zone. Bullish open drive.

Hypo - 2 - If price opens inside YVA, expect balanced moves.

Hypo - 3 - If price opens below 11900 (YVAL), price might test 11840.

Volatility Shrinking.

@9.15 AM - Open Above VAH. Do not Short


@9.31AM -

Paper trade at 9.31 due to prev day COD -
@9.31 - Entry - 11990 (2 Lots)
SL - 11948
Target 1 - 12045 (1 : 1.25)
Target 2 - 12060 (1: 1.5)

#Tip: If trading with two lots and if OD is not scaling as expected. Exit 1 lot out and keep 1 lot until the price breaks days low/days high ( with respect to OD up or OD down). Reference is end of B Period. (10.15 AM)

@10.15 - Exit 1 lot at 11987

B Period Low - 11972

@11.52 - Exited 1 lot at 11948.

@3.30 - Day was a neutral day.





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