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Written by Admin, August 31st, 2010
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By Taking Online Or On-Site Classes!
forextradingOK, so we’ve got our compression pattern. What that means, setting up for tomorrow, really, I like going short below about 6240 more than I like trying to get short higher than that. I realize there are about 40 pips worth of range. I think it’s a much better trade waiting for the market to break below here. forextrading If you’re really conservative, you’re waiting for a break to the downside and then a little dipper back up to the 6240, 6250 area before going short.
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