Wednesday, April 2, 2014

02/04/14, WEDNESDAY




1) Gapped up. Didn’t take BOF of PDH Long, due to want of space.

2) Skipped BOF of IRH also due to want of space.PDH and PDC were closely located.

3) LH followed by consolidation above PDH prompted me to go for a direct BO short. Stopped out. Be aware of your limitations and don’t go for direct BO henceforth.

4) Didn’t take the LOL BOF Long, due to want of space. Must have trusted the strength of LOL BOF and taken it. Totally forgot that strong BOF/LOL BOF will most probably break the other extreme, more so, if the range is narrow, like today's. Missed the only reliable signal of the day.

Did what am not supposed to - direct BO
Didn't what I had to - taking a LOL BOF trade

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