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Divergences...
I'm using divergences on a lower timeframe to enter the trade. But this time the 15-min G/J shows a signal. The G/J 1-hour shows that RSI has a hidden/reverse divergence with price. I'm taking the trade (off the 15-min)... with a trailing stop of 35 pips. Hopefully its a quick trade. It seems to be moving pretty fast.
Carl
Last edited by crodzilla; 09-12-2007 at 12:20 AM.
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