Showing posts with label LOL Sandwich. Show all posts
Showing posts with label LOL Sandwich. Show all posts

Wednesday, February 19, 2014

19/02/2014


IR was formed with LOL sandwich. PDH was above IRH and PDC was below IRL. For a major part of the day, 

the range was hardly 10 points, it even reduced to 5 points for  2 hours. Wanted the price to test either PDH

 or PDC before initiating a trade. That just didn’t happen till 3.00 PM. So no trades for the day. 

Monday, February 17, 2014

17/02/2014



Small gap up with with LOL in both sides of IR - BRN above IRH and PDH below IRL. Waited for the price to test anyone of the LOL. BOF of PDH was followed by a channel. Went Long above Day open and had to scratch. Instead of placing the order above DO, must have waited for the DO to get breached and then placed the order.
Another BOF at PDH. Decided to enter above Day open, but DO was not broken. Should have entered closer to and made a few points. No other valid signals.