5/15/2010
We are still within the high on the low on the 60 minute chart. We could be making a wedge noted last week. Inside of wedges the market will get choppy so the best trade is the 2nd session outlook trade. This was not a perfect 2nd session trade as the color change happened a little soon , but nevertheless it would be a more aggressive short but with the color change it is worth the risk for the reward.
There was 15 points worth of profit potential with a 3 point stop!
Happy Trading,
www.eMiniSchool.com
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