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Market holds up well, price pulls back to moving averages, stochastics up -> long -> $140 profits

5 min Emini Nasdaq 100

Hi,

How is it going lately? The market has rallied again... It is holding up surprising well..
Price pulled back to my moving averages and coupled with stochastics cutting up from the oversold region, I longed 1 contract at 1441 ...

I only exited at 1448 when stochatics cut back down with profits of $140..

Posted by Michael Taylor on July 14, 2009 8:25 PM |

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