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.

Tuesday 31 December 2013

Intraday Trades - 31.12.2013

Intraday: Market was in 12 pt range today. took many trades-
1) Short on Initial candle cross with selling pressure. Got 10 pts. Mkt was looking bearish & i was expecting it to move till PDC. The big Green Engulfing candle made me out.
2) Short again on Hammer on UBB & day's high. Though signal wasn't perfect for me, but still got 6 pts. Mkt was too slow on downside, so looked for Longs..
3) Long on BOF on LBB & lower range. Out at no loss. Mkt wasn't moving anywhere so was thinking of avoiding further trades.
4) Long again on BOF of LBB & Range low.Signal looked very promising to me with Ranging BB. Was Out with 6 pts only.

No comments:

Post a Comment