Jan 2 - Again trading opposite to trend - a lot of overtrading
Nothing changed from previous day. Same habit of overtrading. Though I followed the strategy of shorting below 15 mins- red candle, I didn't follow the reverse strategy of taking reverse trade on stoploss hit of red candle.
1. Clearly the price came to last day's close and then reversed from there to break the first 15 minute candle high. It was a clear reverse trade but I kept on finding the bearish trade just because last 2 days have been super bullish. It doesn't matter what the previous days candles are.
2. Price breaks the previous resistances and also the trend line and sustained. It was a bullish sign.
3. It breaks the previous 24000 strong resistance with a big bullish candle and went 200 above that.
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