Wednesday, September 9, 2009

Here we have price hitting the 61.8 PDMM level as it is projected from the LOD. This level was also in confluence with the 150 PWMM that can be seen on the 4Hr chart.

Key price action in the retracement to the 50% daily range which is also confluence to the YHOD.

This is a very good example of how you can trade from price level to price level with extremely high rates of probability.

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