US report 8th November 2007 part 3



Aussie & Euro Traders that went long looking for the rotation back into the 5-day 50% levels, these are exit zones for longs on both DOW and ES....

Others can run breakeven stops from entry.

Traders looking to short around these 50% levels needs to use intra-day cycles to confirm weakness....

Above those 50% levels and shorting today is open to 'risk' on Thursday


Day Traders 'shorting' can use partial exits of 4.25 range for ES, and 51 points on DOW and run stops above 50% levels, because price is trading above intra-day cycles....