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.

Monday 10 February 2014

Intraday Trades - 10.02.2014

Intraday: At mkt open, it seemed that market will got to PDC, then will go for a Long. It behaved exactly in the morning, but not in the eve..
1) A short on the break of 1st 5 min candle. Went Beyond the PDC with each close lower & below LBB. It was the third close with Inside Bar, but i refrained from getting out & waited more. I was expecting a pullback only, & got stopped out at MBB.
2) Again a Short below the PDC with close below LBB but still SL hit again.
3) Long on the Hammer on LBB as it was a Tag on LBB & Day's Low. Closed with few points
Didn't take any more trades as it was already 3 Pm & left the last move.. Not a good day

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