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Replies to #41109 on lowtrade
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thecon00

03/08/14 10:13 PM

#41111 RE: Swimmingly #41109

Yes, exit on first red day after a high candle spike. That has not happened yet. First day of run on BPZ was Tuesday, +0.20; wed red down 0.01; thurs green + 0.20; Friday red 0.02.

I'm thinking Monday is day five of the run but target not reached. The is however old resistance at current highs of last 2 days so my feeling is this may be it.
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lowtrade

03/09/14 8:56 PM

#41127 RE: Swimmingly #41109

First red day after an exhaustion candle.