There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits
Thursday, August 16, 2012
Nifty opened within previous day closing range. After two days up move I was expecting a range or a sell off. First two bars were bear bars and the bias was bearish. Looking for shorting opportunity. BOF at IR low was a long signal but skipped it as the bias was bearish and BRN 5400 as FTA. BPB of IR low was a short signal, but did not move as expected. Scratched the trade.. The next two trades were BOF of BRN . Both trades moved well.BOF of LOD came too late to trade.