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

Monday, March 18, 2013

18032013

Nifty gaped down below PDL.. Price failed to move below the first bar. First bar acted as the initial range. BOF of IRL gave a long signal. I was hoping for a gap closure but price was in no mood to move up.Scratched.  Tried a short below the psychological level 5850 as the bias was bearish . This also ended as a scratch.Did not attempt any other trade. Price was forming a Barbed Wire around 5850

No comments:

Post a Comment

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