1) Heavy selling in the first few minutes. BOF of BRN/PDL was a good signal. Lost 4.5 points due to hasty exit. No other strong signals for the day.
I am not a Stock Market Research Analyst. Please do not follow me, as my methods may result in serious losses.
Showing posts with label BOF of BRN. Show all posts
Showing posts with label BOF of BRN. Show all posts
Tuesday, May 27, 2014
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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