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.

Thursday 19 December 2013

Intraday Trades - 19.12.2013

Intraday: Market moved fast in the morning due to FOMC effect. Was out of the market till 11:00 am letting it to settle down. Was not expecting too much from today's market. Took 2 trades:
1) Short at the BOF of range formed. A shooting star at UBB. A tag on LBB & went up. Closed it at no loss.
2) Short again at BOF of BRN 6200. Was expecting this trade to move beyond today's low. But again No Close below LBB, so closed it at LBB.

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