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Old 06-30-2007, 09:39 AM
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Re: Bill McLaren

PNA as a classic McLaren Long setup (as I understand it)

1: the GAP from the previouse High to current Low is the Entry signal
2: the LAST High MUST be taken out with this swing (otherwise 2 lower highs)
3: resistance expected @ the Low before the Last High (could form a Asc Tri )
4: Volume on Sell bars has been lower than on the Buy Bars.

Any constructive criticism welcome .
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