There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits
Monday, September 24, 2012
24092012
Nifty opened within the previous day evening range and could not break it the whole day. IR formed around BRN and as expected formed a Barbed Wire around it. BOF of Range low gave a long signal which failed to move. Scratched the trade.
BOF happened in the first attempt itself.For the next 15 minutes it could not break the BO barhigh.After the small pin bar , I thought it may move up and entered. But strength lasted for a single bar only.
ST - From your graphs it seems that the second attempt at BO from DP generates the BOF?
ReplyDeleteregards
rb
Raghu
ReplyDeleteBOF happened in the first attempt itself.For the next 15 minutes it could not break the BO barhigh.After the small pin bar , I thought it may move up and entered. But strength lasted for a single bar only.
ST
Thx - Alles Klaar - rb
ReplyDelete@ Raghu
ReplyDeleteWillkommen
ST