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swing_trader

05/23/11 12:15 PM

#18305 RE: elks #18304

When i know there is going to be a bounce i always put my order in a few days ahead of time. I always put it in slightly in above the bounce level. Its alot easier to get filled going down to the bounce then to try and get filled at the bounce or on the way up. Orders are filled at levels in the order they are put in. Thats how seasoned traders do it. When this gets down to the lower trend you will see a ton of volume come in