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Re: pennies2007 post# 111743

Sunday, 01/13/2013 12:44:31 PM

Sunday, January 13, 2013 12:44:31 PM

Post# of 140146
Well pennies.......my concern and fears are that I might miss out on potential gains by waiting too long for stalling price action, especially when I may not be able to trade or focus on trading at the time when the price is working itself out around those three fib lines (2am my time for example), so to avoid the potential missed trades or bum trades, I could just set open orders at each of the fib level lines in the new box before shutting down for the night or when I'm going to be away from the computer, to allow for the entries to fill in time as they would, without having to be there each and evey moment of the day and night, day in and day out. I want to prevent potentially missing out on gains because I was either unavailable to take the trade, or missed out on gains because of my own error in interpreting the price action around those fib lines. Nothings simple in trading forex, except for our simplegreen and that's only referencing his tag name. Speaking of simplegreen.......I've always believed that only simple people eat roadkill. But being that I'm a bit of a simpleton myself and considering that I've never had roadkill, maybe I'm typecasting and maybe I've been missing out! lol

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