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- Sutts replied Aug 19, 2011
GU looks pretty neutral to me. Would a short setup be valid from here if signalled? What do you guys think?
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- Sutts replied Aug 19, 2011
I see EU rejecting mid-band by 1 pip - could be close enough? EDIT: we have our touch penetration now. Band now mildly striking though.
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- Sutts replied Aug 19, 2011
GU too flat. AU gone too far. EJ hasn't got near the mid line. EU looks best to me.
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- Sutts replied Aug 19, 2011
Hi Dean, Would this have been a valid NBT long? Not sure it would be so soon after a double top reversal? Thanks
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- Sutts replied Aug 19, 2011
Wow, fast and furious this morning. GU could be a nice setup soon. Edit: maybe not. I might have missed an NBT on GU - not sure about neutral state still. Band too flat for mom trade now I think? AU band looking better than GU for short.
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- Sutts replied Aug 19, 2011
Yes, look for SBTs first though and fall back on the SMBT if the first fails.
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- Sutts replied Aug 19, 2011
Now the long haul back to the mid or upper band. Could be some nice mom trades around the corner.
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- Sutts replied Aug 19, 2011
Thanks Bary. I thought the same but I could just see 10 pips to the prior lows. I think you're right though, it's the band you consider in an NBT, not the HH/LL.
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- Sutts replied Aug 19, 2011
Morning Klaxon, well done. I was riding that one with you. I find I'm missing entries because I can't work fast enough!
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- Sutts replied Aug 18, 2011
Nice +28 before bed from AU SMBT at open of Asia. Thanks Dean
. Catch you all tomorrow.PRICE Accordingly
- Sutts replied Aug 18, 2011
A couple more potentially neutral bands for discussion.... I think what I'm trying to say is this: 1. Even if the band is temporarily flat as a pancake, unless you see the S/R of a supporting range to the left hand side, a neutral band trade should ...
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- Sutts replied Aug 18, 2011
Hi Dean, I quick question if I may please..... I'm trying to get my head around the concept of the neutral band. I see the way a bullish striking band turns to mildly striking after a big PB and/or DT. When the price then drops below the mid-line ...
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- Sutts replied Aug 18, 2011
Thanks for the detailed responses Dean, great stuff. And a big thank you for being so generous with your time and knowledge, it really means a lot.
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- Sutts replied Aug 18, 2011
Catch you all tomorrow. I've missed the big news moves so I'm done for the day. Best of luck.
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