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Old 04-19-2007, 04:50 PM
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maurizio77 maurizio77 is offline
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Join Date: Jan 2007
Posts: 97
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My mistake, your pictures loaded eventually.

What i am planning to do is this, just before the step to tomorrows daily candle (this happens at 5am GMT), i will look to see if there is a cross upwards signalling a long trade.

If this is what happens i will stay out, an immediate retracement candle is quite a rare thing on Daily charts.

What i personally think will happen is that the price will rise, then fall about 50-100pips either during tomorrows trading or on Monday.

However, if there ISN'T a cross upwards i will enter a short trade as soon as the daily steps to tomorrows candle and monitor it for 30-50 pips.

Fridays and Mondays can be lucrative, but can also be very unpredictable.

If in doubt - stay out, they'll always be another trade
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