Thursday, June 21, 2012

NARROW RANGES = BOLD RUNS 6/21/12

BOT TRADING SYSTEM

WE have seen it previously.  A narrowing of the BOT Ranges, followed by a bold, extended run in price action.  PA did not fail to deliver on 6/20 and 21.


6/20/12


Wide swings in the PA that returned into the range keeping the BOTs unchanged going into 6/21.


6/21/12

The Short BOT breaks and the EMA is rarely challenged for an extended SBBO run.


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