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Minute Time Frame

Not much profit but I used the same chart to buy a put, the $45 put this time for a much better delta.

Click to continue reading “Patience And The 30 Minute Time Frame – November 12, 2009″

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As a technician and with a desire to trade a longer timeframe I noted that the first natural downside 30-min entry point in more than a week has just materialized.  If you wait for the confirmation then 2:00 Eastern time will be it.

Just a note to those watching the market.

Patrick

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