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Trading update:  A new FY, a new start or a restart.


AMA: Sold at our TS (0.59).

BAL: New trade, bought 4.40. Liked this little consolidation. (iSL 4.00)

PPS: New trade, bought 0.36 (iSL 0.32).


PPS is an example of what I call a pull-back trade. After the huge impulsive move to 0.44, price has drifted down with the market blues. Now there is a little 123 Low which creates the BO entry for us. The first target is the old high (0.44) which provides an acceptable RR.


Open trades: ISD, SEN FLN. They're hanging on in spite of the thin MD.


Interesting charts: CDA, SRF. 

There are lots of nice PB setups, but I'll like to see the market start to rally first. That may not happen until the Greek tragedy is sorted.


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