Monday, August 2, 2010

Something to keep an eye on - reminder to myself

Just something that I have been observing, and I got to keep reminding myself. Before my session starts, I should look at the 5tick chart to see where the chart was in regards to being ob/os. If the last colour was red, then market has already cycled ob, so I need to be only looking for the market to start to cycle up, ie get a green at a 'level'.

Something that I will keep an eye on to see how it pans out.

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