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Tag: intraday

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WalMart Stores Inc.(NYSE:WMT) is the world's largest retail company. The stock is pulling back a bit this morning. Short term traders can look for intra-day support around the $55.00 area. Traders should just look for a quick bounce around that level.

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If you are trading with multiple time frames it's a good idea to be open minded and every now and then look at some different time frames to be sure you have a solid understanding for the longer term trends in play. I will admit that it’s easy to get caught up in trading the shorter time frames like the 1, 10, and 60 minute charts especially when there are large intraday movements.

After a wild Friday, the markets have quieted down on Monday ahead of the Federal Reserves key rate decision tomorrow at 2:15pm ET. The key to this announcement will be the wording and whether or not the Federal Reserve starts enacting new policies to stimulate growth ...

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