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

Wednesday, May 30, 2012

30052012

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Nifty gaped down below the PDL. Bias bearish. First signal was a BOF  short at DT and IRH. Nifty gave a long signal when the breakout of IRL failed.Expectation was a LOL short at PDL/PDC, but BO of HOD failed and gave another short opportunity.. 70% of the time market will trade in a range. Look to buy low and sell high.of the range

 “There are no shortcuts: even those blessed with raw talent still need to stay on task. Practice is never optional.”

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