Friday, July 25, 2014

25/07/2014




1) No significant gap. Narrow IR was formed. Initial movement was down. Didn’t take BPB  of IRL  as 2 tails were there. 

2) Went Long on BOF of  PDL. Lost focus and entered above inside bar high, which is allowed only in case of BPB. Stopped out. Lost 8 points.

3) Went Long at the same location above clear swing high.  Expected the price to test BRN.  Didn’t. Got 11 points. Should have made a better exit and got 6 more points.

4)It looked like PP set up at PDL and kept a direct BO order. But price didn’t make an attempt to breach PDL and hence this order did not trigger.

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