There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits
Friday, March 28, 2014
Nifty gaped up within previous day range. Tried to go above PDH but failed. BOF of PDH gave a short signal. Skipped considering IRL,BRN and PDC. Then a Barbed Wire around BRN with DO and PDC as range extremes. Shorted BOF of PDH on break of MSP. Trade failed creating a TRAP pattern.Exited at a small loss. Long on break of PDH. There was no momentum as expected but price finally moved up after a pullback.TP at market close.