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pennies2007

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pennies2007

Re: Qui-Gon Kagi post# 113510

Saturday, 02/09/2013 12:24:34 PM

Saturday, February 09, 2013 12:24:34 PM

Post# of 140146
Yes, overshoot isn't really a problem overall. The idea is not necessarily to enter or close directly at a fib box level but to watch price action as an indication of whether or not it's going to stop and reverse at that level. The reversal candle patterns are still a very key part to trading any setup, even one as good as the fib boxes.
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