BAR REPLAY - 29JUN16

BIG PICTURE

• PRICES HAVE BEEN IN 8100-8300 RANGE FOR MOST PART OF THE MONTH. 8100 WAS BREACHED ON DOWNSIDE OVER LAST FEW DAYS AND NOW PRICES HAVE COME BACK INTO 8100-8300 RANGE.
• PREVIOUS DAY DAILY CANDLE IS IN RALLY MODE.

TRADING DAY

• 09:22 - PRICES OPENED ABOVE PDH AND ARE GOING UP. TO GO LONG ABOVE DH.
• 09:38 - TRADE FILLED. E-8176. ISL-8163.
• 10:05 - ISL MOVED TO 8173.
• 10:24 - TSL1 AT 8180.
• 10:34 - TSL HIT. +4
• 11:21 - PRICES HAVE COME TO DO AFTER 2 HOURS, COUL THERE BE A BIG MOVE? TO GO LONG ABOVE HIGH OF REJECTION CANDLE. SHORT MOVE LOOKS LOW PROBABILITY AS PDH AND RN 8150(FLIP) ARE CLOSE BY.
• 11:24 - LONG TRADE FILLED. E-8167. ISL-8156.
• 12:02- AIMING FOR TP AT 8185. TSL1 AT 8170. 
• 12:20 - CLEAR UP TREND IN PLACE. TSL2 AT 8175.
• 12:32 - SL HIT. POINTS +8
• 13:41 - TO GO SHORT AT BOF OF DH AND RH.
• 13:55 - SHORT TRADE FILLED. E-8183. ISL-8193
• 14:10 - ISL HIT. POINTS  -10