Simple's Green Room

[Qui-Gon Kagi]

Oh SG.......I wanted to ask you what your thoughts were of taking a small position at each of the three fib level lines with each new box above or below the prior box and then take profit at the most profitable possible point technically or even have a preset for 10 pips profit on each entry just to be on the safe side. Or will the price sometimes blow through these fibs at times presenting a loss either due to pre-set stops or through continued price action away from those fib lines up or down to the 88.6 fib or 100% or beyond at times?