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Re: pennies2007 post# 113513

Saturday, 02/09/2013 12:42:52 PM

Saturday, February 09, 2013 12:42:52 PM

Post# of 140146
Referring to your statement that "the idea is not necessarily to enter or close directly at a fib box level...", it seemed while watching your vid that you almost could simply enter at each fib line and scalp from it as price retests prior fib levels on the 15 minute/1 hour chart with pretty high odds of making decent scalping gains. But it's just those damn breakout trends that seem to go on forever (250 or more pips) with no more than a 20 pip pullback once every 75 pips or so that can get you in trouble. I expect you know what I mean. And those are the trends I'm hoping to trade the right side of using the ichi cloud.

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