Daily Recap: The day was pretty boring with a gap up in the morning and then all day shuffling sideways. Should see another attempt to push higher either tomorrow or the next day.
The 60 min long position was closed today with a PROFIT of 0.73 points. The 120 min long position.came very close twice today to closing but every time a push upwards came that left it alive, we’ll see what tomorrow brings.
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Battle Plan for the 12/10/2013
120 min Stop Loss below 180.11
* Stop loss lines should be triggered if there is an interval close above them (i.e. 60 min or 120 min ), they are published in the daily blog and updated during trading hours on twitter.
* Take profit lines should be triggered immediately when crossed, they are usually issued during the trading day on twitter.
* Entry signals should be triggered when crossed, but take into account that until there is a confirmation (i.e. close of the interval across the entry signal) , the signal can become a reversal signal.
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