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.

Thursday, 7 August 2014

Intraday Trades - 07.08.2014

Intraday:  Trend was down. Initial range formed near PDL. I was expecting a small upmove due to yesterday's last thrust. IT made 2 tags on UBB
1) Short on BOF of BRN. Closed at PDL with few points. Mkt formed a range below PDL.
2) Long on break of BO candle's high. Closed when next push on IRH failed. This PB also ate up many points.
3) Short on break of BRN. a fast move was there .Closed in the end.

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