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Wednesday's charts at 2007-02-06 15:26:22
posted by Tom C:
X would probably rate this a "C+" - there were some long lower tails and the entry was above the OR low. But, I took the trade aware of the increased risk; and that is OK as he always says! I covered at the Fibonacci extension of the previous day's high to the OR low; look at the sharp reversal at that point!
HSY; 30-minute chart
I entered this trade on a break of the OR