If you think about it, there are a lot of people that use programs to trade with. Well those computer programs have someway of figuring buy and sell points which more than likely they all use the same formulas. So with all the programs trading so to speak, they will control the points of buy and sell.
I think they do to or at least the bigger traders know. That's why I try to plan my trades and see what is the logical next step in the progression. I probably move that fib tool around 100 times in a day looking at it from different angles. When I find what I think to be right then it's down to counting waves and seeing if the TDI matches up. I can see 1.0570 or so as a logical 2.618 extension of this .786 drop.
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