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Strategies & Market Trends : NetCurrents NTCS
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To: Christopher who wrote (4550)11/14/2000 9:53:24 AM
From: Teresa Lo  Read Replies (2) of 8925
 
IP: I think the only "clean" setup is on the weekly chart, and right now, you can see that it's retraceing to the 20-week EMA and the 40-week MA below. IF this is a new uptrend, THEN buyers will be found on this retracement to new support. So, basically, set buy stops at the top of all down weekly bars...but don't give it more than 4-6 bars. Best setups are founds within 1-4 bars.

ispeculator.com

Teresa
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