Trade What You See, Not What You Think Message Board

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Strategies & Market Trends : Trade What You See, Not What You Think

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To: TraderAlan who wrote (48)	10/15/2000 8:12:34 PM
From: Threei	Read Replies (1) of 867

Alan, I know this isn't a chart thread <g> For you, it is! You always find a way to explain chart formations so that they easy correlate with "raw reality". This very post of yours has examples of that: For example, I like to exit immediately if I ride a wide range bar out the top of a Bollinger Band because that sets up a short-term overbought condition. Euphoria phase in tape reading terms, Principle #6 in our workbook. price moves into congestion after it pushes into a profit. The new failure target is a mental stop below the small range pattern Trading Range, Typical scenario #2 :) Your chart description were always big help for me. Thank you and welcome to the thread! Vadym

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