Tuesday, June 26, 2012

RANGE BOUND -RANGE RUNS-RANGE BO 6/26/12

BOT TRADING SYSTEM

 THE US pre open was in a range bound mode, and the comment was made that current PA long/shorts were being made at prior signal levels.  This particular play is still in review.

By the open, price was hitting prior highs and exits were reported.  PA had a double top and proceeded to run the range for a FBO of the Short BOT .  A reversal was seen, and PA ran the range back to the Long BOT BO and eventually made it to  the LBBO-5 level.  Bull entries were possible at  B27 and the Mid level, B29 LBBO, and B49-50 from the bear PB inside the bull run.

All-in-all not a bad trading day when key levels were your entry targets.



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