23112012

Market opened within previous day range. Initial range formed. Could not short IR low break as there was no pull back. Skipped BPB of PDL as the market had already moved nearly 40 points. BOF of BRN gave a long signal this trade moved well.Paying attention to flip area is very important. Notice A here the flip zone failed to hold One can safely short at a with a SL above HOD.If you notice flip zone B you will never exit the BOF trade of BRN. here and will never short here as BOF of PDL