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Friday, 10/22/2010 11:45:30 AM

Friday, October 22, 2010 11:45:30 AM

Post# of 140146
AUD/USD is being really good to me today..on a 30 min chart its in what I call a Bow Tie consolidation which is really predictable trading..if you look at a 30 min with bolie 15,2 and EMA(13) you will see what I mean...those two crisscross each other forming what looks like a Bow Tie...I look for that a lot on pairs and it lasts quite a while til breakout of the Bow Tie channel and into a trend.

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