Wednesday, 20 April 2016

2 comments:

  1. Hi URD,
    I also took 2nd trade but now i felt it is middle of range, In what cases we take trades in range middle?

    Thanks.

    ReplyDelete
    Replies
    1. AKS

      At the time of taking the trade, though it was somewhere in the middle of whole day's range, it was acting as a upper range extreme of the current range. Plus it was a DP and acting as a flip. Since the third attempt failed to break above it, I thought it was a good setup. It basically traded in two ranges the whole day. One range PDH to HOD and second one as PDH to LOD or BRN.

      URD

      Delete