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.

Wednesday, 13 August 2014

Intraday Trades - 13.08.2014

Intraday: Trend was up from yesterday. Range formed below PDH & price moved up.
1) Long above BO candle. Closed when price didn't follow it up.
2) Short on BOF of PDH. Closed at inverted hammer (Tag) high break.
3) Again a Short on BOF of PDH/ PDC. Was expecting it to yesterday range. BRN didn't support twice, so wasn't expecting it to support. But, Closed when 2nd push failed .
No further traded as RR wasn't good.

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