Today was a sideways day in the markets. We had closed at the high point of the day yesterday and today we opened with a gap down in yesterday afternoon's price range. This was an indication right in the morning that we have a sideways day at hand. Such days are sideways, choppy and it is better to wait till clear trends emerge on such days before taking any trading positions.
The day played out exactly as above.
Smart_trade
The day played out exactly as above.
Smart_trade
Good one , best to have a hourly updated chart
ReplyDeleteSunando
If , in the attached spreadsheet you can add the time of your trade , will help us to understand more.
ReplyDeleteThanks Sunando for your suggestion... we will try and incorporate it...
ReplyDelete