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09-28-2011, 09:25 AM

Blazer

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Join Date: Oct 2008

Location: Greece

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Must have tool

Hello,

Now dont laugh with this.

This instrument will help you aplly rule of thump for consolidation and breakout.

When you see a tide consolidation you must take the breakout.

When we say tide consolidation we mean something like 20-30 pips for hours.

The breakout target aprox equal the length of the breakout.

I use this geometry instrument to calculate the breakout target

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