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Old 04-07-2008, 03:59 PM
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Re: SPY Daily Composite

"Volume profile" is a good term, though I don't think I mean the same thing he does. In any case, today it worked out nicely: a pop up above the "extreme" for a few points, then Wham! back down toward the midpoint, through, then all the way down to within a couple of points of the midpoint of the previous range (at least on the NQ; the ES hit it exactly).

Scalping just does not appeal to me at all.

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