Monday 26 August 2013

Hi Traders,

Analysis for the day: Long still 5500 hold, No position below 5500.

Today, at 10:20 call was give to go long with tighter stops. After the call we haven't got any entry opportunity for long position and price triggered our condition that no positions below 5500. So, we had no opportunity to trade today.



Wisdom of Trading : Have a plan or view to trade the market, and be prepared if you are wrong ( with stops). Strictly trade based on the view.

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