Monday, May 19, 2014

19/05/14,MONDAY



1) Gapped up and soon fell down. Went Long on LOL BOF of PDL/PDC. Exited in a hurry on seeing a huge pin bar with just 6.5 points.

2) Shorted BOF of BRN twice and got stopped out on both occasions.24 points lost.Was not aware that shorting into the chop. Up move from PDL to BRN was quite choppy and price moved in a channel, as it
neared BRN. An important lesson learnt.

BOF of BRN seems tricky. Better to avoid it for some time.

A bad day.

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