Tuesday, 16 February 2016

3 comments:

  1. URD,

    Spotted same trade..but i stepped back as initial SL 15 points... Some how i am unable to think of trades..unless it is confluenxe of DP n range extremes

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    Replies
    1. Rose

      Crude oil cannot be trade only at the DP. You will have to look for other valid setups. You can certainly try buy low sell high once the trend direction is revealed by the market, like today. As you can notice, it has been going down and I tried to sell at the Range High.

      URD

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    2. URD,

      Gotcha!
      Also one more reason i steppes back is, i was waiting for BOF signal ... Here it was more of TST of RH.. Having BOF adds more confirmation i felt.

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