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Thursday, August 9, 2012

20120809-1

GC
Open:
1st: Long 1 @ 1619.0. 5m Squeeze LoM inside of a 60m Squeeze, good trend, ready to add in if it goes lower, last add in point 60m 20EMA 20 ticks below. No target.
2nd: Long 1 @ 1617.0. 60m 18EMA. 25 ticks stop loss from average price, 15 ticks target, 5 ticks below swing high, may change it to 10 ticks.

Close:
Moved target to +10 after taking 16 ticks heat. 
Sell 2 @ 1615.5. Stopped out. 

2 contract -$500 gross, -$519.88 net.

New rule for LoM trades, B Wave must be above 0.



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