Friday, October 15, 2010

High Volatility

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Volatility is quite strong... Even 15-min chart is too slow to react on the price changes. So, basically I'm on 1- and 5-min bars. The volume continue to be very high. This is going to be the third day of high trading activity (high volume). I still would expect volatility go down by the end of the session with price in the range of the Wednesday's high and Thursday's low. Yet, I could be wrong and the only recommendation that I could give is to watch charts by themselves.

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