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Old 11-14-2006, 01:11 AM
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Re: Trading The Open

I usually wait to let the first push go, then when it reverses I watch to see which direction it'll go. I think the first push (Feb is in this one with his scalp) is reaction leftover from pre-market or overnight or previous day action. After that, then 2nd push (either direction) indicates the short term bias until 10am. This is just my observation as my successful entries have been the 2nd push and bad ones on the first.

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