Wednesday, February 18, 2015

18/02/2015, WEDNESDAY




1) Skipped IRH BPB Long, as it looked like SAC.

2) Did not long @ BOF RL(above IR), as the space was less. Further the rejection @ RL was not strong enough.

3) Did not short @ BOF RH, as it was CT.

4) RL was again breached strongly. Expected this level to break, but again price went up. By now it is clear that expanding triangles are repeating. Was never comfortable  with expanding  triangles. So stopped trading for the day.

No trades for the day.


Disclaimer: I am not a Research Analyst, registered with SEBI. I maintain this blog only for my own learning purpose and recording my thoughts on intraday activity of Market. I do not give any kind of trading advice to anyone. My methods will result in severe losses. Hence please do not follow me.

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