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Thursday, July 2, 2009

...bumpy ride.


A look at the 1 minute chart since entry shows the volatility which triggered the trade.

Price broke the wedge, & ran back up into it fairly high. Now it's come back down & seems to be trying to get through the resistance of the wick lows seen below the wedge on the larger timeframe. If it succeeds, the target should be no problem. If it continues to have difficulty, I'll consider exiting for a small profit/loss in order to get some rest before NFP.

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