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Old 10-19-2007, 01:09 PM
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Re: Credit Spreads

And in the end the Iron Condor just says - as long as price stays between my levels, profitable trade. If it reaches or approaches either level, you may need to do something as the trade did not work as planned.

Is that the idea and the rest is simply the mechanics?

If so, I could outline some possible S/R areas and you could illustrate how an iron condor would work?

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