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Monday 2 February 2015

LT Fut 2015 Feb 02




1. The big red candle , I read it as BOF of PDC.
Did a short & SL hit... loss of 7 points.

As a matter of fact... this trade need not have been executed, as the intraday range is not completely revealed.

2. BO of IRH , is a good buy, but PDH is so near that there is a vey little space for the trade to move, hence it should be given a miss...

3. BO of PDH gave a buy , it could have given some points profit

4. Breakdown of PDH gave a sell signal, with IRH being so near... it's better to give a miss... , indeed it dint not go down beyon IRH....

5. TST Of PDC & DO was a good LONG... with so much space ...



Overall it was a lose day for me as I dint execute all the trades ....

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