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Thursday 18 August 2011

Still on sabbatical leave

Halfway through Ramadhan and I'm still on sabbatical leave.
This give me opportunity to re think strategies.

What I have now that I can predict only about 10% of CL behaviour.
The other 90% drive me nuts - the ranging period.
How you can plot your trading plan if the price is random ?

Traders said it's hard to predict the highest and the lowest.
I will focus how to determine that - the level of high and low and play pull back at SR