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simplegreen

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simplegreen

Re: pennies2007 post# 110850

Saturday, 01/05/2013 6:14:39 PM

Saturday, January 05, 2013 6:14:39 PM

Post# of 140146
I really like to start with H4..and on H4 I decide where I think its headed..once set to last H4 swing levels I drop to M5 or M15 to set levels and trade it where its at...not just where I think its going.If H4 is above he 38.2 to 61.8 consolidation channel I must consider it somewhat bullish overall...if below I consider it bearish.Then when I drop to M5 I get a better handle on whether to buy dips or fade rallies.

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