Gap down within the previous range. BRN cum IRL was broken.
Looked like a genuine BO. Placed a SL sell order below pinbar. But price went
back inside IR. Cancelled the Sell order. Thought that BW may form around BRN. 13 points range formed below BRN.
When MSP at BRN was broken, could have gone long.
Hesitated. That was the only clear
signal of the day. BOF noticed at PDH. Was
not interested, as it was CT. Good that it was not taken, as price didn't fall much thereafter. Expected a
TRAP at MSP of BRN Spot. Only TST was seen. By now, price started moving in a
channel.
So no trades for the day.
Hi
ReplyDeleteI wonder why you did not take the long signal.I took first 2 trades just as ST sir did along with BOF of PDH where you marked CT BOF and scratched.I was unable to notice it as a Channel.
dushmantdas
Hi,
ReplyDeleteNice to know that your trade went off well today.
I have to overcome the inhibitions, while taking BO trades. It is an area, I have to work on. I too started suspecting channel only after CT BOF. Higher Low made after CT BOF confirmed the channel.
Thanks. S.Karthikeyan