Showing posts with label CT BOF. Show all posts
Showing posts with label CT BOF. Show all posts

Wednesday, February 5, 2014

05/02/2014




Gap down within the previous range. BRN cum IRL was broken. Looked like a genuine BO. Placed a SL sell order below  pinbar. But   price went back inside IR. Cancelled the Sell order.  Thought that BW may form around BRN.  13 points range formed below BRN. 

When MSP at BRN was broken, could have gone long. Hesitated.  That was the only clear signal of the day.  BOF noticed at PDH. Was not interested, as it was CT. Good that it was not taken, as price didn't fall much thereafter.  Expected a TRAP at MSP of BRN Spot. Only TST was seen. By now, price started moving in a channel.

So no trades for the day.