Thursday, July 17, 2014

17 - 07 - 2014


Trade1: (15:05 candle)
Long at 7665, as BPB of PDH.. with initial SL 7659
SL hit; exited trade with loss of 8 points


Points earned : -8

4 comments:

  1. Posting Market Commentary is good move, will help many.

    Thanks

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  2. I have seen you taking many BO trades. Any specific reason for not taking BO of PDH, at abou 1.30 p.m. Further, it was BO both LOL Layer on layer( RH, PDH). WHAT WAS YOUR THOUGHT PROCESS/TACTICS.
    Shai

    ReplyDelete
    Replies
    1. No specific reason for not attempting PDH BO at 1:30 candle.. seeing BIG green candle, i thought its better to wait for pull back.
      I attempt BO mostly in case of PP trades, TRAP trades.. of course, its tough to define exactly, but it depends on how we read markets at that time.

      Delete