There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits
Tuesday, August 13, 2013
13082013
Nifty opened below PDC tried to break BRN 5600. BOF of BRN gave a long signal. TP at 5680.Nice 70 point move. Did not get any other reliable signal.. Type 1 trend day.
BPB of PDH was a reliable signal. I was already holding long positions at that time. I exited at the point marked TP. There was no reliable signal after my exit
Hello Smart Trader,
ReplyDeleteI am new to your blog, and does not understand the abbreviation correctly. Can you please tell what are the BRN, IRH, IRL setups ??
Regards
Taiki
Hi,
ReplyDeleteI missed the first move, but traded the BPB of PDH,..
I want to know, why didn't you consider this a reliable signal..
Thanks,
Deven Malhotra
Taiki
ReplyDeletePlease do read the Glossary and all Important Posts
ST
Deven
ReplyDeleteBPB of PDH was a reliable signal.
I was already holding long positions at that time. I exited at the point marked TP. There was no reliable signal after my exit
ST