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Old 01-21-2007, 08:18 AM
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Re: ER2 and the 34ema

Guys, when measuring the ema angle a la woodie, I look at the angle 3 bars before the bounce due to the fact, as walterw rightly points out, the ema flattens on the pullback.

The countertrade when the price is far from the ema is also a very good trade when filtered by an oscillator to show overbought/sold condition. The CCI is perfect for this. Try the 50 CCI, not shorter.

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