There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits
Friday, June 21, 2013
Nifty gaped down below PDL. First bar was a rejection bar with lower tails. Skipped the short trade. Further BRN was close. Long on BOF of PDL. Nifty channeled for a while.TP When channel overshoot failed. Short on FTC above the strong flip ( Low of previous day cigarette range). PDL failed to arrest the fall. TP at LOD. Pressure Play long above PDL in to the fluid.. Nice 30 point trade.