There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits
Tuesday, November 27, 2012
27112012
Market gaped up above PDH and spiked without giving a pull back. IR formed.Expectation was a channel move. Did not enter on first pull back as it was below BRN 5700.BPB of BRN gave a long signal.
Normally you don't take positions in a channel move. how is it possible in this case?
ReplyDeleteAdhi
ReplyDeleteThis trade I entered because I Could keep my Stop loss below BRN and the first pullback swing low.Very defensive position with low risk
ST