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.

4 comments:

  1. Hello Smart Trader,

    I 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

    ReplyDelete
  2. Hi,

    I 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

    ReplyDelete
  3. Taiki

    Please do read the Glossary and all Important Posts

    ST

    ReplyDelete
  4. Deven

    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

    ST

    ReplyDelete

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