Monday, 14 March 2016

9 comments:

  1. Sir the candle @12 pm can be taken as BOF of PDH,kindly update thnx

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    Replies
    1. Amber

      After the BOF you need to wait for swing pivot high to form and then enter above that. Here that did not take place.

      URD

      Delete
  2. URD,

    I took BOF of PDH, it turns bad entry.
    How you read that zone today?

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    Replies
    1. Rose
      I suspected a range there as prices were not able to move away from that LOL zone quickly and just hanging around there.

      URD

      Delete
  3. Hi URD, with both DO and PDH in place why price fall first time to the level can't be considered for entry around 11.50AM.

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    Replies
    1. Anand

      After the BOF signal you need to confirm the trend change which was down at that time. For that you need to enter above the swing pivot high or MSP as a confirmation of trend change. Here after BOF, nothing of that sort happened.
      URD

      Delete
    2. URD
      For every BOF will you wait till trend change to enter.

      Delete
    3. Anand

      Yes, I would prefer the confirmation of trend reversal and that is why I try to enter on break of minor swing pivot high/low whenever possible. Plus I would also confirm whether the prices are getting accepted in the new area.

      URD

      Delete
  4. Hi URD no trades waiting for pdl pdc to break for BO or BOF

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