Thursday, July 23, 2009

Singles With Volume Behind It


Hi guys,
I have mentioned a number of times how I like Singles with volume behind them to lean on. I will be watching closely for the opportunity to go long on a retracement to these levels. I usually prefer the first Single of the day which represents the breakout point. However, the second Single has so much volume behind it, it may be very enticing.

Have a great trading day tomorrow.

MG



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