Markets seek value and then move away from value. This quest for value creates asymmetric trading opportunities. This is an attempt to identify asymmetric trade opportunities. Market profile terminology is used without explanations.







Wednesday, June 8, 2011

Trade Plan 9 - 6 - 2011

Neutral Day with no directional conviction. The bracket extremes are the important reference points. Opportunities exist when NIFTY breakout of last session's Range. Look for acceptance or rejection at High/Low. If market trades out of balance, then the market extremes becomes important reference points. Open today is important, if opens out of balance, then good opportunities may emerge


1. Open within VA and tests High. Watch for acceptance/Rejection.
2. Open within VA and test of Low. Watch for acceptance/Rejection.


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