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Re: Omnitrader post# 95

Tuesday, 08/12/2003 1:44:00 AM

Tuesday, August 12, 2003 1:44:00 AM

Post# of 2267
Hi Omni
A late reply but I am waay behind on keeping up with the board. A 50% price retracement is fairly common IMO. From the chart relating to this post you are looking for a 50% retracement of the candle Body whenever there is a major day? I will have to keep an eye on that. Do you then set a stop loss limit anywhere below the 50% retracement, if it fails? Thanks Omni :^)


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