Nifty opened within previous day range. IR Formed. BOF of IRL gave a long signal. Entry above DO/MC High.. It was just trailing the stop the whole day.. Type 1 trend day.
Very nice Smart Trader. I entered late when IR high was broken out. I was keeping the low of first bar as IR low which was actually never broken. So not able visualize that BOF :(.
Very nice Smart Trader. I entered late when IR high was broken out. I was keeping the low of first bar as IR low which was actually never broken. So not able visualize that BOF :(.
ReplyDeleteMurali
ReplyDeleteI usually ignore the tails
Consider BPS as zones
ST
Thanks. BPS? Guess you mean only the body, leaving the tails? I am not able to see it in the glossary also.
ReplyDeleteMurali
ReplyDeleteSorry,Typo
It was Decision Points ( DPs)
ST