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Moving averages are still flat... Price bouncing up and down --> NO TRADE TODAY.

5 min Emini Nasdaq 100

Hi,

How is it going lately? I know we are in difficult times.. prices are volatile... bouncing up and down from the moving averages...

1) moving averages are almost flat... I hardly see any slope..
2) bollinger bands are narrow... price is nicely contained within the bands...

Ask yourself if you want to place high probability trades or risk money randomly...

Posted by Michael Taylor on October 20, 2009 5:56 PM |

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