Saturday, 22 August 2015

21 Aug 2015





MARKET OPENS WITH GAP DOWN ABOUT 100 POINTS. IT INDICATES THE EARISHNESS IN THE MARKET. MARKET TRADED IN THE RANGE FOR QUITE A LONG TIME.

WENT SHORT @ 8273 ON BOF OF DAY HIGH AND FAILED TO CONTINUE THE BO.
KEPT SL @ 8285 ABOVE THE SIGNAL CANDLE (INVERTED HAMMER)  HIGH - 8278.
COVERED POSITION @ 8248.WAS EXPECTING SUPPORT AT SWING LOW OF LAST PIVOT POINT (A) AND THE CANDLE. 

MISSED THE LONG ON BREAKOUT OF DAY HIGH. AS I WAS EXPECTING THE BOF TO HAPPEN AS PRICES SHOWS BEARISH STRENGTH. WHEREAS BO HAPENS TO BE SUCCESSFUL

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