BNF Sideways Spiky Monday

For a Monday today was very non-trending and initially high volatility.

It settled down after 10 am. But was still diff to trade. BNF lost money but FNF made some money.


Traded VAL all days system in simulation mode. It lost a good amount of money. However, it also worked as expected with REX.

Live trading was with AB BUY (my variation for Fri and Mon). It lost over 1900. However, HEIMDALL FNF made 1100 and provided some relief.


NF



BNF



FNF



STOXXO


PNL -800

Observations:

  1. BNF has become very random with days. Any random day becomes trending and any random day becomes non-trending.
  2. Even with comparatively lower VIX (14-15) there are high spikes that trigger SLs. 
  3. Often ATR doesn't seem that high either. Still spikes take you out.
  4. These volatile spikes happen despite the direction of the market (trending or sideways).
  5. At the moment, trading post 10am is safer for ports with small-mid level SLs. 

This is 3rd straight loss day.

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