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| End of Day |
End of Day trading (EOD) models generally use the close of the day as the price input to determine the possible action to be taken the next day of trading. Some systems which use stops will give ever changing orders for the next trading session, until finally the market will move far enough to execute an order. Generally channel break out systems fall into this category.
OddBall Position Trading System - May 2004 issue of Active Trader magazine.
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