Thursday, June 1, 2017

01 - Jun - 2017



Market Commentary
10:00 AM: 9632-14 is the range so far, price trading in very narrow ranges again. Will wait till low risk trade setup emerges.

10:50 AM: Price broke range and attempted PDH, unable to sustain and reversed toll RH again. Not going for BOF of RH signal (if comes) as trend is up and better place to initiate short is PDH, will wait for PA again at PDH again.

12:33 PM: Without attempting to concur PDH, price broke DL/PDL/BRN now

13:00 PM: Seems pricing making BW around PDL, not a convincing setup to trade long now

14:10 PM: V shaped recovery, missed as no reliable setup formed for long. Now can only wait for PA at DH


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