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A wild ride - But No trade ??

5 min Emini Nasdaq 100

Hi,

How is it going lately?
Market seems to at crossroads, price was on a wild ride up and down... Price remained above the moving averages while stochastics gives out
signals to long and short... Do you think this is a good idea to enter the market?

Definitely not, we would never want to force a trade... Bollinger bands are still narrow and price action is limited... No Trade today.

Posted by Michael Taylor on May 20, 2009 5:42 PM |

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