Friday, February 7, 2014

07/02/2014




Small gap up. First candle indicated strong rejection at BRN. LOL was seen above and below IR. Decided to wait. Price fell down sharply. Jumbo BOF occurred at PDC on retracement. As the BO candle was a gap candle, was in 2 minds. Seeing this for the first time.  Hence didn’t take this trade.
BOF was again observed near Range Low. Didn’t take it, as it was CT and the session was about to end. So no trades for the day.

2 comments:

  1. Hi karthikeyan,


    today only came back to bangalore....from vacation

    r u using the below chart???
    http://www.icharts.in

    Thanks,
    Mahesh

    ReplyDelete
    Replies
    1. Hi Mahesh,
      Hope you enjoyed the vacation. Yes, I am using www.icharts.in only.
      Thanks
      S.Karthikeyan

      Delete