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

Friday, June 21, 2013

21062013

Nifty gaped down below PDL. First bar was a rejection bar with lower tails. Skipped the short trade. Further BRN was close. Long on BOF of PDL. Nifty channeled for a while.TP When channel overshoot failed. Short on FTC above the strong flip ( Low of previous day cigarette range). PDL failed to arrest the fall. TP at LOD. Pressure Play long above PDL  in to the fluid.. Nice 30 point trade.

2 comments:

  1. Sir shall we practice by using bar by bar replay option in amibroker?.since sitting in front of trading terminal is not possible for full day for a person having job.

    ReplyDelete
  2. techtrader

    Yes. You can simulate the trades with Amibroker.

    ST

    ReplyDelete

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