I am not a certified analyst. The charts shown and the content in the blog are for educational purpose only and in no way is a buy or sell recommendation. Readers are advised to use discretion.

Wednesday 11 December 2013

Intraday Trades - 11.12.2013

Positional: Took a Long today at 6227 as the R:R seems quite good (marked with Blue arrow). 1st TGT is 6420, SL is today's Low around 6110.
The reason - BB made a Tag & then no Touch  + RSI gave Hidden Divergence & a touch at its Bull boundary - 40 in Hourly TF

Intraday: Attempted 2 trades as below-
1) Long at the BOF. The BB tag + FTC confirms the signal. Closed at Day's high. no prior trade as the RR was unfavourable, no space to move..
2) Short at the BOF. Covered at Day's low.
Was not expecting this much move in last 30 mins. Also, No reliable signal happened, so didn't take that



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