Monday, March 9, 2015

09/03/2015, MONDAY




New week was off to a  big Gap down opening.

1) Placed PDL BPB Short. As it was not triggered, in the next attempt, cancelled the order.

2) Thought of going for a touch trade short at RH, as the momentum of buyers was less. Hesitated and missed it.

3) Placed  a short below the then LOD after price consolidated just above that level for long time. Expected an explosive move. But price paused after one big candle. After the second attempt failed to move the price down, thought that there was no follow up selling and preponed the exit. Got 13 points. But price moved well after my exit.

4)Skipped BOF @ RH, as I was not confident about that signal. It hit the target promptly. 

Disclaimer: I am not a Research Analyst, registered with SEBI. I maintain this blog only for my own learning purpose and recording my thoughts on intraday activity of Market. I do not give any kind of trading advice to anyone. My methods will result in severe losses. Hence please do not follow me.

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