Tuesday, July 15, 2014

15/07/2014




1)Opened with CT outside gap, above PDH. Wanted to jump in at the earliest. But upper tails on the first 2 candles inhibited me from going ahead. Was right.

2) Having consolidated for 2 hours+, price fell sharply breaching BRN,PDH and PDC. It was a very good move for 40+ points. Should attempt consolidation BO without fail hereafter.

3) Went PP Long above BRN/PDH confluence. Long consolidation made one think that it will move well. Not to be. Scratched with 5 points.  

4) Afterwards, couldn’t  spot any good signal to enter.

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