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 11 August 2014

Intraday Trades - 11.08.2014

Intraday: Gap up after downtrend days. Was looking for an up move. A small rang formed within range.
1) Long on break of high after Tag on LBB. Closed at no loss. Mkt kept in same range. Another opportunity arise, when many tails formed on IRL.
2) Again a long on BOF of IRL. Closed with no loss. Last BOF was a good one, but didn't take due to time factor.

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2 comments:

  1. Anonymous11 August 2014 at 18:00

    Hi,

    Wht BB parameters do you use for this chart?

    ReplyDelete
    Replies
    1. Deven Malhotra11 August 2014 at 22:21

      Hi Anon,

      I use default parameters - 20 MA, where other traders see and react ..

      Thanks,
      Devender Malhotra

      Delete

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