so... you see a point like this and you want the downtred to be broken... but you have a double test of bottom... Still want to see an uptrend.. but you can then start a trade and have say a .10 stop on it. below the low or even .05. This is about to be updated because it made another low before making an uptrend.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Friday, February 20, 2009
Trade..
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