Under the ABC trade setup the 50% and 100% of previous range levels are potential targets and the various levels can be used for stop placement as the trade progresses.
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6 hours ago
Saturday, 24 July 2010
cocoa
Cocoa at last fell sharply under the bear setup we have been monotoring.Ironically this followed the supposedly bullish news that a London trader was trying to squeeze the market.
Under the ABC trade setup the 50% and 100% of previous range levels are potential targets and the various levels can be used for stop placement as the trade progresses.
Under the ABC trade setup the 50% and 100% of previous range levels are potential targets and the various levels can be used for stop placement as the trade progresses.
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