May 092012
Volatility was in high gear today as price easily swung back and forth 6pt+ most of the day. The best trade opportunity of the day fell one tick short of the 38 level so I won’t make that today’s example trade. The 51 level was pierced and the third rotation could have been shorted for small targets, but I’ll skip that potential opportunity for the 56 level opportunities. Price bounced right off the pivot and rotated at
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