Friday, October 31, 2014

31/10/2014


Opened with WT outside gap up.

1) Missed the Long above IRH, due to hesitation in taking the trade after WT outside gap up.

2) Did the mistake of the day, when shorted BOF BRN in haste. After 70+ up move, price will pause and consolidate, if at all it reverses.  Could not recognise this on time and got stopped out. -9 points.

3) Shorted BOF of RH. Got 7 points.

4) Again shorted BOF of RH hoping that critical mass will exit at week end. Stopped out.-7 points

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