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Old 10-24-2006, 01:41 AM
carter carter is offline
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Re: Trend Trading vs Counter Trend Trading

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I agree with Ant. One thing I also do is look for momentum or force index divergence from price for reversals in the first 30 minutes of trading since we don't know if the market has a trend already or not. Works quite well.
Do you watch for the markets to run out of steam and reverse by using momentum divergence? How effective have you found the 10:00am reversal? Thanks

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