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Tuesday, January 25, 2011

5min chart...

1-shorted off the recent range high the previous check mark, - 5, now looking for the trend to stall and pullback to buy.
2-the M3 is holding the buys for now +7
3-buy again +9
4-shorted off the top +6
5-took the buy again, added at the pivot +3
6-price kept falling took the buy at the fib added on the push just past the 50sma got to BE then turned -2
This is difficult to trade when a trend starts and then falls apart but it can be managed.
  

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