There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits
Wednesday, June 27, 2012
Nifty gaped above PDH. Did not move above the first candle with topping tail.Expectation is a range move between PDH and first candle high. First signal was a short at HOD-DT . I would have taken profit around point marked A. Notice the point marked A. If you were not short from the HOD, you will surely go long here as BOF of PDH and will get stopped out.If your trade at any DP fails never reverse a trade. Most of the time it will chop.