Friday 22 July 2016

BAR REPLAY - 20JAN16

BIG PICTURE

  • PRICES IN DOWNTREND.
  • PREVIOUS DAY DAILY CANDLE IS IN RALLY MODE.

















TRADING DAY BAR REPLAY
  • 10:00 - PRICE OPENED BELOW PDL AND WENT DOWN TO BRN 7300. BIAS IS DOWN. THERE WAS BOF OF BRN. NOT PLANNING TO GO LONG AS BIAS IS DOWN.
  • 10:15 - 7320 CONFIRMED AS RANGE HIGH.
  • 11:58 - PRICE BREACHED BRN 7300. TO GO SHORT AFTER BREAK OF DL 7287.
  • 12:08 - TRADE NOT FILLED.
  • 12:33 - FORMED LHs, LLs IN THE LAST 1 HOUR AGAIN CONFIRMING DOWNWARD BIAS. TO ATTEMPT SHORT AT BREAK OF DL.
  • 1:31 - TRADE FILLED. E - 7285, ISL - 7305
  • 14:06 - MOVED SL TO MSP 7288.
  • 14:17 - PRICES STALLING AT 7260-7265. PLANNING TO CLOSE TRADE AT 7255.
  • 14:22 - TP HIT.

1 comment:

  1. Hi i am Sunil from Hassan,
    My journey stars in DP trading on OCT 2015, Sadly my bad luck i missed ST sir's presence at that time.

    But URD helped lot for me, i am very thankful to him in my whole life.

    You took nice way to learn DP by bar by bar.

    Unfortunately i start live trading from day one. now my journey going pretty ok not so great.

    AKS

    ReplyDelete