There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits

Friday, February 24, 2012

24022012



An Inside day . Expectation of a range bound market.FTC gave a short signal.Move ended only at PDC and DB. BOF gave a CT long. Then market moved in a range and gave a with the trend BOF signal.. Last BOF signal at PDL, LOD also gave some profit.Never attempt a CT at the location marked by red arrow.. Once a breakout of a range fails most of the time it will break out the other extreme. Those who traded  the high probability locations made good money today.

Some days you are the wind shield and another day you are the bug.

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