Hi Folks,
On Tuesday 23rd Dec I will be presenting an extra special webinar. This is a kiss and tell all for my set ups what I do and how I do it.
So please come along and enjoy the feature length session
See you all there
Phil N
Using Fibonacci ratios to manage your trades efficiently
by Sunil Mangwani
November 23, 10:00 GMT
Register for the webinar
Hi Folks,
On Tuesday 23rd Dec I will be presenting an extra special webinar. This is a kiss and tell all for my set ups what I do and how I do it.
So please come along and enjoy the feature length session
See you all there
Phil N
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Hello Phil,
I learned a lot today! Thank you. I have one question on the Fib Approach.
You wait for price reach preferable the 61% and look than for a close bellow the 50%.
Is it ok that price just reach the 61% or goes above it but not close above the 61% or must price close first at that level (61%) before we trigger a close in the Fib bellow it?
Thanks again and happy holidays.
Roger
Hi Roger,
just looking for a move to the higher value fib level then a close past the lower value to fib.
So a move to 61% fib then a close past 50% fib for example. Price can go above the 61% for me but must not close past that level. If it does Then I reconsider my starting point and take that back the the next previous days high/low