Tuesday, February 4, 2014

04/02/2014

Gapped down well below PDL .  Initially stiff resistance was seen at RN Spot, located in the middle of IR. Shorted @ BOF at IR. Totally forgot LOL, when it really mattered most, though read about it a few times. Paid the price with SL.   It will be ingrained deeply in my mind, having burnt the fingers once.

BOF of BRN was missed. Then BRN was firmly broken and in quick time price retraced below BRN, causing doubts regarding the BO. But the heavy volume convinced that it was a genuine BO and was proven right.  Went Long  and gained. It was a real complex BO. All is well that ends well.
 


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