I typically am not one to fade a strong move, but the 1115 ET bounce is hard to ignore lately. This is a time of day when Europe is unwinding its day trades, and New York is thinking about lunch. It is difficult to stay with the trade all the way back to the 14-period EMA on the 15 minute chart, and I usually don't stay with the trade that long. It is something that needs to be worked on. Of course, you can catch small pieces of the move by waiting for the correction back to the 38-period EMA on the 620 tick chart.
Charles
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