There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits
Thursday, August 2, 2012
Nifty gaped down a little and sold. Bias was bearish . I was looking to short . Did not retest DO-IR High. LOL BOF of IR Low/PDL was a long signal. Got stopped out. Hesitated to go long at A after the second BOF. Missed a good move. TST of DO gave a short signal which made a little profit. Last BOF of HOD was a scratch.
Follow up action is missing even after strong BOF.There is a lack of interest in the market. There is no participation from traders. Volumes are drying up what could be wrong ?