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that was the bounce, now for the stops

....prolly see a powerful EOD move

Glad I could help :) Also remember that everything has timing, just like a good triangle should break before price reaches the apex ( drawn out price action shows a lack of strength), a bear flag has timing in relation to the prior price action

Price action within the flag, price action in relation to yesterdays key levels, price action from Globex & RTH, volume, etc many simple things that when tied together will give you a clear picture. 1st you need to collect many flags, ones that worked and ones that didn't. You need to look...

with tomorrow being a holiday and after the prior extended up move, this could be a consolidation day.

nice one :cool:

looks long to me

what about my cut?, I kept it going during the quiet periods when he was in rehab :D

I had a quick look for you, It seems 7 PST has a high incidence of consolidation, after a more directional move from 6 to 7 PST. Could this be it? Either way you should be able to develop a strategy to exploit it.

& the Euros overnight erection GM all

BS

04/19/2011 13:20 DJ OIL FUTURES: Prices Turn Higher As Dollar Weakens :eek:

running stops during lunch it seems

TY DC, I guess I should have held for my original target :(

ex all 107.78

L 107.36 .1 stop

ex 107.26

add L 107.40 .2 stop

ex add 107.50