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At 02:55 PM 6/1/00 EDT, MarketMayvin@xxxxxxx wrote:
>Well then; the most logical thing to do is figure out what percent we
retrace
>every time and then enter the market at that point. Guess easier said than
>done.
>Back to the drawing board.
>
>Morris
>
Yes! That's it exactly.. I use Fibonacci for that..
Find areas where long and short term Fibonacci retracement
percentages overlap, and "Bingo"! It's a bit more complicated,
but you get the idea.. Works well with very liquid
trading instruments..
-Neal.
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