Friday, August 22, 2014

22/08/2014,FRIDAY


Small Gap up, Initial movement was also up.

1)Did not take the minor BOF of IRL, as the penetration was weak. But it moved well.

2) What followed was BOF of IRH. As the momentum was not there, cancelled the order.

3) Expected BOF of PDH towards the end of the session. With critical mass being short, it would have triggered a good fall on Friday. But that did not happen.

So no trades again.

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