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Wednesday, July 26, 2006

CHH - 072606; 15-minute chart

posted by Tom C:

I mentioned CHH in my post earlier today. It was a little "iffy" because of the lower tail on the first and second bars which were somewhat bullish (or bullish to neutral).

But I took the entry (a break of the second bar low) aware of the increased risk, and it worked out nicely.




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2 comments:

Charles (San Fran) said...

PMTC was a Trader-X bread and butter play on a break of the 5th bar hammer high.

William said...

OXPS was a little shaky...whipsaws...but turned out to be a good trade for me.

Great blog.