Wednesday, January 30, 2013

30012013

Nifty opened within previous day range and consolidated within a 20 point range. Attempted a long trade on the second  TST of PDC. Scratched it. Skipped the BOF of HOD as price refused to fall below the flip ( or MC ? ) for a long time
at

4 comments:

  1. msFebruary 11, 2013 at 3:11 PM

    Hi Sir,
    Do we enter on break of swing highs and lows for all the four patterns, viz, BOF, TST, FTC and BPB? Please show your exact entry point on this chart.
    Also, do you make use of WRBs for trade entry/ management?

    ReplyDelete
  2. SMART TraderFebruary 11, 2013 at 8:36 PM

    MS

    Not always on break of a swing point
    Depends on the FTA. If FTA is very near I enter on break of it
    I do notice WRB as it can act as a range

    ST

    ReplyDelete
  3. AnonymousSeptember 5, 2013 at 7:02 PM

    what is WRB..can u plz reply

    ReplyDelete
  4. SMART TraderSeptember 5, 2013 at 8:21 PM

    Anon

    WRB is Wide Range Bar

    ST

    ReplyDelete

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