Monday, March 11, 2013

Chop



I dropped 2 trades today - one was a short after the IRL broke down and the other was a long on pullback when PDH broke out. Did not attempt any other trades as I expected a chop within the range.

Below is a look at today's VWAP.


2 comments:

Rajamani gounder said...

volatility has shoot up.i expect a strong trending market on upside may be new high in april,what`s your take

"ss" Sunil Saranjame said...

Probably yes, I'm in favor of an up-move but today's price behavior is a bit disturbing. Let's see how this week ends - if 5950 stays protected then it will be good.

Thanks,