Radar/Study – ARBA

July 21, 2011

Radar/Study – ARBA.  Pullback to 50ma/ATR support intermediate trade setup (YumYum).  Note hangman/reversal bar on three-minute chart could provide both scalp and intermediate term entry with a buy on stop entry above the reversal bar high on the next bar (33.07). 

For scalp or short-term trade, a stop could be below low of 3-minute reversal bar.  You’d need more room on a stop if trade intended as intermediate term position:

ARBA Daily

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