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If It Can Happen, It Will . . .

August 13, 2012

It might seem strange that the market can move this much without generating a single entry, but that’s trading – if it can happen then at some time it will.

Around the open we had higher lows and lower highs before the break down, which had no pullback, and I was wary of the higher lows that preceded the move back up to the EMA (highlighted in grey), so I didn’t short here.

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Daytrading Chart 13th August

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