Traders Laboratory - View Single Post - Using Previous Day POC as Target
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Old 06-01-2007, 03:31 PM
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Re: Using Previous Day POC as Target

Interesting video. I'm more inclined only to trade in the direction of the migration of the POC which for the past few days has been up so today for example buying the rejection below the value area was good for a bounce.

I can see how you determine your exits but how do you determine how to enter a trade? Would you wait for a bearish candlestick before selling or do you have some other entry criteria?

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