Just my lucky day - Day Trading - NIFTY, CRUDEOIL

On some days you do everything right, but are undeservingly unlucky. On other days. you do the stuff wrong, but are undeservingly lucky.

NIFTY

NIFTY M3 Price Action Chart

I got a Short signal in the very first minute and went Short - or so I thought. I had made a typo and gone Long instead of Short. So, when the Stop Loss hit for that "Short" trade, and then a Long trade triggered, I was Long 3 times my normal position size and without a Stop Loss. I took me over 15 minutes to realize what had happened. But then, since difference between the Average Entry Price and the Stop Loss for the Long was just 4 points, I decided to trail as per my Mechanical Trading Rules.

The second trade was another confusion. My rules for dealing with slightly deeper pullbacks and volatility are not well defined. Anyway, I took the trade.

The third trade was a non-existent Long. I went Long by mistake because I interpreted the chart incorrectly.

The fourth trade was a reversal to Short, but I took that entry a few points above the trigger. So, none my entries today were correct as per my pre-defined rules.

CRUDEOIL

 

CRUDEOIL M5 Price Action Chart

Dull day in Crude Oil. I initiated my position at 5:22 PM, and after that it was a long wait until auto-square-off.... and the move happens after I exit....

I will probably not be able to trade Crude Oil tomorrow due to other engagements.

EDIT: Just realized that the exit of CRUDEOIL was about 4 points higher than what's marked on the chart.