Friday, November 21, 2008

TA Tip (3) Intra-day Measured Move for Exit Target


As we know, A good trader spends more time to figure out stops and exit points rather than entry points. This is an interesting way to see how measured moves can be played out as target exit points for long and short positions.

Of course, for Extrame moves such as 11/20 last 15 mins down and 11/21 last 15 mins up are not measured move, they were called: crazy.

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