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103

xK= 63 yJ)-- 63 D=B510 0=6751

H=6751 L=6?26 C=6?49

Figure 29 0510. With the weelely oscillator for Live Cattle still pointing up, and the daily oscillator having corrected out of overbought, I put in an order to buy a breakout of the daily high. My order was for 6752, and the next day I was filled, with my stop below the low of the previous day-Prices closed on their highs, and the next day there was another large move up. I moved my stop to the low of that day. It turned out to be the high of the swing.

When the following day failed to make a new high, I moved my stop to one tick below its low, and was stopped out the following day at the opening with only a 20 point profit.



18128 A

9913 9416

9291 8918

5"3 l

44 xB= 44

D=B512 0=8829 =9 L=8828 G=903B

Figure 30 0512. The daily oscillator for Bonds turned up on a large move upward by prices.

0515. The weekly oscillator had been steady up for two days. The daily oscillator was not yet overbought.

I placed a buy stop above the days high at 91-08 with a protective stop at 90-23 and a profit stop at 91-18. The next day I was not filled and the daily oscillator had gone to overbought.



1-- 69 XD= 69 D=05i8 0=6782

H=67B2 Lr67Bi C=6737

Figure 31 0518. Prices for Live Cattle formed another ledge. The weekly oscillator was flat and the daily oscillator had turned down and had come out of overbought.

I sold a breakout of the ledge shown on the chart and trailed my stop right on down to the high of the day that made the low of the swing, where I took my profits.



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