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Thursday E-Mini Wrap Up

Thursday E-Mini Wrap Up

Thursday E-Mini Wrap Up

by The MoleFebruary 1, 2013

Yesterday’s E-Mini session was a good example of how to play Zero Lite divergences – observe:

Another thought as to the first ramp up – when you see the ZL suddenly fall apart like that after the open then odds are high it’s an amateur trap. So the rule in the morning is to always seek confirmation on the Zero Lite – it doesn’t have to go below zero for trouble to ensue – a big delta in between the first 15/20 minutes of signal range and a touch near the zero mark may hint that they’re preparing for a turn on the dime. The rest of the session wasn’t exactly easy to negotiate but those ZL divergences definitely were helpful.

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About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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