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Strategies & Market Trends : E-Mini Pit
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To: GT who wrote (5148)8/7/2002 3:33:02 PM
From: Ramus  Read Replies (1) of 11288
 
Hi GT, The trade went off at 9:44 and price had just gone below the 100sma1 at that time. It actually crossed through it on the prior 1 minute bar. At 10:00 the 100sma1 was a little under 874. FWIW, I use 24 hour charts.

But getting back to the trade. It was stop and reverse. It stopped and reversed about 880 and after I saw the long candle down at 9:33 I decided to get in. It was also a bonus that we were breaking through the sma.

Walt
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