1/11/2020 Trading Edges (November Goal)

 I am writing this to remind myself about the setup i should be looking at. 

Basically 12pm lunch time, look out for intraday high volume trading

a) Oversold, buy for bounce or next day.

b)Week support, short for overnight fall.

Keep it simple will be November month ongoing trade , to keep my discipline

Goal to clear out my current holding.

Update -  cleared my current position 

cut loss on NUF but it was moving north after I cut ... bummer

12/10/2020 ASX:NUF

 NUF

-Trade: I was looking for a trade after closing a big lost on closing RBL short. NUF was on watchlist, been trending down since june.

-Catalyst: NUF oversold 

Setup: C. Oversold. Trading near month low

Technical: Downtred, looking for reversal

What did I do: I buy on 3.96, I was hoping for overnight bounce in a day or 2.

My mistake is cutting when price trending lower... 

Better?

Looking back now on trade, should close position when NUF bounce back on 3.95. Unless there is new catalyst , hardly see any reason of reversal. but still holding.

The price is now 4.26 on 22/11/2020 , cant predict future....