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2 Simple Strategies to Help You Trade a Favorable Bounce

From dailyfx.com

Talking Points: *Objective of Trading Bounces *Tools of Trade *Setting Stops "I believe the very best money is made at the market turns. Everyone says you get killed trying to pick tops and bottoms and you make all your money by playing the trend in the middle. Well for twelve years I have been missing the meat in the middle but I have made a lot of money at tops and bottoms." -Paul Tudor Jones “The law of action and reactions seems to be a fact that a primary movement in the market will generally have a secondary movement in the opposite direction of at least 3/8 of the primary movements” -Charles H. Dow, the ... (full story)

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