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Re: viperade post# 722

Sunday, 12/12/2010 6:42:22 PM

Sunday, December 12, 2010 6:42:22 PM

Post# of 887
As Losing stated I use the 100 MA on the 15 minute chart for an entery into a pincher. Pinchers can be a falling knife, you want to wait until they come out of the pinch. So I look for a crossing above the 100 MA on the 15 minute and I look on the daily chart for upwards RSI cossing the 30, PPO bars improving, and an increase in the Accm/Dist line.

I do not see any of those yet on TBSI. Play by these rules and it will help you to get a good entry. Do not try to find the exact bottom.

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