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 28 February 2014

Intraday Trades - 28.02.2014

Intraday: Mkt moved in a small range today. Attempted 3 trades-
1) BOF of PDC with MBB down. Mkt whipsaw there coming back above PDC. Ended with my SL. It wasn't a good trade as BB were converging to form a Range. Range formed & price gave 2 tags on UBB.
2) Again a Short on BOF of PDC with close below MBB. Got 10 pts closing it on the hammer formed at LBB tagging it.
3) Long on the BOF of PDL when price crossed the recent pivot. MBB turned up, what i was waiting. Waited till end & closed there.
No further trade..

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