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Analyzing the "u-turn" setup

Trader X | Sun, 03/01/2009 - 9:42am |  1 comment

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posted by Tom C. Trader-X has mentioned the "u-turn" setup several times over the past week and given me more credit than I deserve for it. I want to point out a few things: 1.) It works best on a gap up. Why? Because price is usually falling into - and making the "u-turn" on - support from the
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