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Run-up



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Sorry to be thick about this, but I've been playing with the charts in PS 
and I'm struggling with the concept of run-up. The on-line help isn't 
very, er, helpful about it. Can someone offer a simple explanation in 
English - or good American (:-) - please?

Also, I've well got the hang of Maximum Adverse Excursion but, again, I'm 
struggling with Maximum Favourable Excursion, probably because is has this 
run-up thing in it.

Any help would be appreciated, thanks.

Cheers,
Ian