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Re: Identifying Short Covering: Day Traders Perspective
Good point notouch. I must say discussing tape through text is probably the hardest way to understand. We are definitely looking for which side is more aggressive. You can see when momo pick up on tape.. or when after a nice run the tape slows down. All of these are good visual clues to warn and confirm your trade.
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James Lee
TradersLaboratory.com
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