visitor count

Wednesday 25 February 2015

LT fut 2015 Feb 24



Plan:
Since the previous day closed near the high. If it opens with gap up, it is expected to come down & take support at PDH , PDC

Execution:
As expected PDH & PDC gave a support for a 4 point profit

Analysis:

1. I thought , this '1' identified is the IRL. Hence did a sell with candle top as SL. SL hit . The DP method recommends to hide the SL behind the DP ( here PDC, PDH). Would have been saved , if its done.

2. One more IRL. Again SL hit


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