Monday, August 4, 2014

04/08/2014



Gap up, Initial move was down.


1) IRH was broken. It did not look like a very nice direct BO set up.Missed the small upmove.


2) Took BPB Short of IRH, after price started reversing. Scratched with 5 points loss. Thought that it may be a BOF, on seeing the strong rejection and placed a BOF buy order. When price didn't come near the swing high and started going down, cancelled the Buy order and placed a BPB Sell order.

No more trades for the day.

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