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scooper
04-13-2007, 06:52 AM
Hi

I took this TS3 trade and gained +2R. Managed using std guidelines for trailing stop once traded at 1st tgt.

It looks like mini 5 wave pattern so after a retrace may go higher but I've banked a profit at least :)

tombtrader
04-13-2007, 07:22 AM
Good trade. I agree with taking it off. The Market Profile is very symetrical and shows its just going nowhere but in the range. I guess it will break out one way or the other later.

scooper
04-13-2007, 08:11 AM
Thx, looks like the 5th wave in progress now so a little breakout higher....:D