Wednesday, 20 August 2014

20082014


Nifty opened near PDC and remained today again in a 25 point narrow range.  There was no trading opportunity in the morning, so no trades today.

There were PDC, BRN and PDL in between this narrow range.  Could not find any good trade setup on today's chart.

3 comments:

  1. Davebhai,

    I shorted below 12.15 candle on third attempt to go beyond BRN failed.. and msp also broken.. wasnt that correct trade to take? we had space for 10 pts to IRL.
    Why u avoided shorts below 1.12 range breakout failure and 2.30 same range brkout failure.?

    Bharat

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    Replies
    1. Bharatbhai

      Today nifty traded in the range created by first three candles. Any good trade setup was at BOF of this range or BPB. All the other signals were inside this narrow range, not tradeable.

      I trade only in the morning session nowadays. My full time job allows me to trade only the morning session.

      URD

      Delete
  2. Anon

    Thanks for your comment. As per your request, I have not published it. I will go through it.

    URD

    ReplyDelete