Nifty gaped down . FTC gave a short signal. But price did not fall as expected. BOF at DB was a disaster CT trade. The Pin bar and good volume trapped many. TST at a major swing low was a clear long signal . see the massive volume at the area..Another range day..
hi nice blog...so what do u think....correction is over???...if u look at the defty ...i think theres one more downleg of a possible PENANT
ReplyDeleteJonak
ReplyDeleteTo be frank. I have no Idea.
I do not follow Defty and don't look for conventional patterns. There are only 3 elements in my trading. Decision points, price acceptance and rejection.
My trading revolves around trader decision points. I try to trade the acceptance and rejection of price at these areas.
ST
Could you let us know the abbrevations used.
ReplyDeleteSam
ReplyDeleteCheck the Glossary
ST