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Thursday, August 18, 2016

Money To Be Made Even In A Flat Market - Here Is A Day Trading Lesson


One Option Trading Blog http://ift.tt/2b1yJNl Posted 9:30 AM - My comments remain the same as the market chops around on light volume. Even the FOMC minutes could not spark any action yesterday. We can expect light trading the rest of the week. Rather than to rehash the same old same old, I thought I would highlight a trade from yesterday. The Children's Place (PLCE) posted earnings and stock gapped through resistance on the opening bell. It pullback with the market and it compressed above the breakout on a five-minute basis. My trading system had a buy signal on the stock and the volume was high. There …

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