Nifty opened just below PDH. Made a Barbed wire around PDH. Opening candle acted as the IR and gave a cigarette pattern. Did not trade the break of the cigarette as BRN was too close.Went short on BOF of HOD.. I was not very confident and thought BRN , IRH or IRL will hold.. Went short again on the break of PDC. Covered the shorts at BRN 5500.
sir as per you HOD must stay for how much time kindly update thnx
ReplyDeleteamber
ReplyDeleteNo such time limits
Any swing pivots can become HOD/LOD
ST
Very nicely managed ST :).
ReplyDeleteI took the range break trade in morning. It didn't ended great, though it broke 5600. Missed the BOF, for the same reason that 5600 was there and I thought will provide support :)
Took the BPB trade when IRL got broke and worked liked charm.
Regards,
Murali
Murali
ReplyDeleteOnce you gain experience, you can trade the method well
ST