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 18 March 2014

Intraday Trades - 18.03.2014

Intraday: After the initial up move, BOF of BRN happened. Waited for MBB to move downwards. Price made a TRAP pattern on MSP marked in Pink line.
1) Short on break below recent pivot. Sat all day long till price is below MBB without any strongTag/ FTC. Closed when the big Inverted hammer failed to go down on MBB
No further trade although it moved up a bit but refrained.

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