Monday, January 31, 2011

Monday - General Observations

The Dukas platform had some issues where I was unable to place some trades and get out of some trades.

That aside, I noticed:

- The trend lines on the 2min hold pretty well when taken in direction of longer trend.

- The trend lines hold even after some consolidation or slow down of market.

- When I got wacked, it was when we got the OB/OS indi very early right after consolidation and was a sign of a breakout in direction of trend.

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