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woodmarket · 09-07-2006, 07:11

hi,

the KISS stratregy tells us that in a range market you have a strong support (X) and a tough resistance (Y). Therefore, if you have a daily candle that goes through X or Y with a big shadow (open-close), the odds are that at least the Y-Xscenario is gone.

09-07-2006, 07:11	#2
woodmarket level 1 Join Date: Dec 2005 Posts: 23 Downloads: 0 Uploads: 0 Rep Power: 0	Re: change from range to trend hi, the KISS stratregy tells us that in a range market you have a strong support (X) and a tough resistance (Y). Therefore, if you have a daily candle that goes through X or Y with a big shadow (open-close), the odds are that at least the Y-Xscenario is gone.