There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits
Friday, April 12, 2013
Nifty opened within previous day range and immediately broke PDL. The very first bar acted as the IR. It was a Barbed Wire pattern around PDL. When it broke IRL, I was looking to short.Price formed another range below IRL. Went long when BOF move of range low broke IRL. TP at HOD. Short on BOF of IRH. This trade did not move as expected.