Wednesday, April 29, 2009

V - Loser


This was a very stupid trade. I really do not understand why I entered the trade. I scratched it off for some loss.

V formed 2 spinning top at PDH, failing to close above it. I was looking to short at PDH failure but when it took out the 2nd candle high, I went long. I did not make any move when the market was moving very strong. Closed the trade with some loss when I realized that there wasn't any setup in this trade.

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