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Stochastics up, short-term MACD up, Mid-term MACD up --> $1360 profits

5 min Emini Nasdaq 100

Hi,

How is it going? We see a double bottom today and coupled with stochastics, short-term MACD and long term MACD cutting up its signal line, we know that we have to go long...

I longed 1 contract at 1214 and another 2 more contracts when price pushed through the resistance line at 1225. I exited at 1244 at the closing bell with $1360 profits.

Posted by Michael Taylor on February 12, 2009 5:11 PM |

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