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Flat moving averages, erractic price action -> no trade today.

5 min Emini Nasdaq 100

Moving averages are almost a flat horizontal.. Price hovers up and down from the moving averages.... However, if you ignore this fact, stochastics exhibited alot of signals,

If you traded on these signals without taking into account the flat moving averages, you will be taking too much risk.

Posted by Michael Taylor on June 18, 2009 5:47 PM |

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