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

Thursday, April 11, 2013

11042013

Nifty opened above PDH and formed a cigarette  pattern. Went short on the break down. PDC was a concern, but stop behind PDH  a three hour  range low was a plus point.This trade did not move as expected. Scratched Did not have the confidence to go long as there was a cluster of resistances above. PDC, PDH, IRH and BRN

1 comment:

  1. Nice ST. Today all the trades short lived. I took the long from BOF at PDC. Closed when it came back below BRN.

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