[09:36] Day trend UP; Price opened near PDL'; IR (7902-7882)
[09:54] After breaking PDL, price pulled back till BRN; placed order as BPB of PDL short at 7882. Short covering above IRH/BRN, will look to attempt if BPB happen.
[10:06] Price jumped above BRN with no PB; will wait for range formation
[11:30] TVP (7912) for short term up move is protected
[12:45] Range formed 7939-7912; look to fade ranges, preferbly BOF of RL long
[13:42] BOF of RL long at 7914 with initial SL 7909 (limit order using 1 min chart)
[14:00] Price unable to cross swing high 7934, moved SL to 7918
[14:06] Exited with gain of 2 points
[14:36] Price moving back and forth b/w BRN and PDL after broke down from higher range
[14:50] Price rejected from earlier range quick, couldn't take short order
[15:00] No new trades expected. Done for today.
Net: +2
Thanks for your efforts in updating regularly.
ReplyDelete~zen
PDL mean only low closing of the previous day, not considered tail in chat.
ReplyDeletePlz advice if i missed something
Sinivas,
DeleteYes, I do ignore tails most of the times