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Strategies & Market Trends : E-Mini Pit

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To: the-phoenix who wrote (4243)	7/17/2002 4:44:22 PM
From: herry iball	Read Replies (1) of 11288

I've noticed that mornings generally trend nicely, and I often make most of my bucks there. I have given back in the afternoons due to whipsawing and now trade very carefully during that time. The mornings seem to develop a nice momentum within a half hour, whereas the afternoons will whipsaw in a 5 point range for one to three hours, then suddenly explode one way or another. Being in a trade awaiting that explosion has been basically gambling, since one has to 'guess' on the direction. RENKE charts smooth the whipsawing, and they intrigue me, but like all new things, they can turn around and bite ya. the 15 chart: ttrader.com

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