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Strategies & Market Trends : Befriend the Trend Trading
SPY 685.66+0.2%4:00 PM EST

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To: Ken Adams who wrote (38206)10/17/2005 3:02:33 PM
From: beckya  Read Replies (1) of 39683
 
Using ER2 and a MAX, for instance a 60 min chart, a trader can exit at the end of the day and if the signal is still live reenter the next AM, ideally where there is weakness, but where the signal is still live.

In some market situations one can be in ER2 for most of the day that way, but not risk an overnight draw down.
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