Long ES 1508.50. Stop 1502.50.
Countertrend trade...
Started by
NAV
, Jun 08 2007 12:05 PM
5 replies to this topic
#2
NAV
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Posted 08 June 2007 - 12:28 PM
We are coming out of a complex bottom on the 30-min. Should be a swift move up.
#3
rkd80
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Posted 08 June 2007 - 12:36 PM
We are coming out of a complex bottom on the 30-min. Should be a swift move up.
good lord you people are amazing...nav could you define 'complex'?
“be right and sit tight”
#4
jjc
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Posted 08 June 2007 - 12:47 PM
Nice. The question is can we (they) get to stops.We are coming out of a complex bottom on the 30-min. Should be a swift move up.
Nice. The question is can we (they) get to stops.We are coming out of a complex bottom on the 30-min. Should be a swift move up.
I count 3. around daily cpivot.
#5
NAV
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Posted 08 June 2007 - 01:27 PM
We are coming out of a complex bottom on the 30-min. Should be a swift move up.
nav could you define 'complex'?
A picture is worth thousand words. Rallies out of complex bottoms tend to be violent and generally results in retest of the prior swing lows. The incidicator at the bottom is a Full Stochastic indicator.
#6
thespookyone
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Posted 08 June 2007 - 02:57 PM
Nice move, NAV, saw the countertrend coming as well, but I'm taking trading time off till Wedns, hehe.
