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.

Friday 10 January 2014

Intraday Trades - 10.01.2014

Intraday:  What a day to trade !! Market gave 2 beautiful trades.. But yes when a Day's 1st half is Bullish & 2nd one is Bearish, means Longs & Bottom Pickers are gaged today !!
1) Took a Long on the Hammer on DP near to LBB, while BB was ranging. Tgt was just day's high/ BRN. trade went well, but I closed at 50 pts.
2) A range after 2nd hammer on UBB made me think about Shorts. but market moved up & gave a beautiful BOF on hourly DP/ Day's High. Short after that candle. Move was too fast & I was fearing. Closed 5 Lots at 6200 & next 5 with another 5 pts.


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