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

Thursday, June 21, 2012


Nifty opened within previous days range. BOF of PDL-BRN-IR Low gave a long signal.I expected it to break the IR High. The breakout of IR High failed . Did not short here as I was long and looking for an exit.BOF of PDL and TST of LOD-DB was an opportunity to go long which gave very good profits.If you remembered the VWAP strategy, you will not prematurely book your profits.
Trend always starts and ends at range extremes. Love the extremes.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.