Blue bars nail the highs and lows

8/29/2010

This is a quick update with the 10 minute TF chart from the last week. The blue bars did a great job of telling us when we were at a high odds reversal area. The yellow bars tell us when the market is contracting. When the market is contracting that means that a expansion is near and to look for a big move. We only use the yellow bars with the bigger trend.

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