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Price is on a uptrend, rebound from moving averages, stochastics up -> LONG -> $160 profits

5 min Emini Nasdaq 100

Hi,

Price made a comeback today... moving averages are sloping up and I got my chance to go long when price pulled back to the moving averages...

I entered 1 contract at 1409 when stochastics bounced up ... I exited only when price reached the opening price at 1417 with profits of $160.

Posted by Michael Taylor on July 9, 2009 5:14 PM |

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