There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits
Tuesday, January 29, 2013
Another announcement day. Be very careful on such days. Our methods may not work well. People are trading news and the natural ebb and flow of the market get disrupted. Waited till the market stabilized after the announcement. I considered the green WRB which made HOD as a Master candle. But shorted before the break of its low when the third attempt to push higher failed.This moved well. Did not attempt any other trade as I expected a chop.