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Old 02-26-2008, 11:53 AM
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Re: Timing Alternatives
In the example I posted above, if you waited for a test of the old resistance/new support level, you'd be up a nice little profit currently.

Entry: approx 1371
Current: 1378

Idea being using obvious support/resistance zones for reasons to look for trade - either on the break OR level being held and then use whatever you use to time your entries. Here, good old candlesticks gave us at least 3 opportunities to get long.

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