Friday, February 03, 2012 12:42:35 PM
NP estimator. So in the chart below I drew three sets of fibs (if you don't have your fibs setup with extensions you can add them, I have from 1.128 all the way out to 3.618 according to the ratios in the cheat sheet). I drew the fibs from the points I have marked in red.
It's purely a best guess scenario. If it runs past me here then I regroup and try to figure out the next cycle. I will frequently go all in on this type of trade and use available margin for a stop.
It's purely a best guess scenario. If it runs past me here then I regroup and try to figure out the next cycle. I will frequently go all in on this type of trade and use available margin for a stop.
the government cannot give anything to anyone -- that they have not first taken away from someone else.
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