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

Tuesday, April 2, 2013

02042013


Nifty opened within previous day range. IR Formed. BOF of IRL gave a long signal. Entry above DO/MC High.. It was just trailing the stop the whole day.. Type 1 trend day.

4 comments:

  1. Very nice Smart Trader. I entered late when IR high was broken out. I was keeping the low of first bar as IR low which was actually never broken. So not able visualize that BOF :(.

    ReplyDelete
  2. Murali

    I usually ignore the tails
    Consider BPS as zones

    ST

    ReplyDelete
  3. Thanks. BPS? Guess you mean only the body, leaving the tails? I am not able to see it in the glossary also.

    ReplyDelete
  4. Murali

    Sorry,Typo
    It was Decision Points ( DPs)

    ST

    ReplyDelete

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