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    • skong replied Dec 10, 2009

      You're right. — Yes, Not completed till 138.2 is hit. Then he might start a new fib from the 138.2. Something to ponder : Post 1211 Yes, that's true. But you can't jump into the middle of a chart and just pull fibs, you need to go back in time ...

      Indicator Free Trading - Skunny
    • skong replied Dec 10, 2009

      Hey Underdog — I suppose if the fib is correctly placed, it should get to 138.2 after a pierce of the 0-100 line. That's what I am trying to figure out as well. The recent postings by ThomKnight have been quite helpful. Sorry I can't give you ...

      Indicator Free Trading - Skunny
    • skong replied Dec 9, 2009

      Close indeed. — We must be on the right track. How to trade it ? Good question. If the fib is correct, then trading the break to 138.2 might be one way to do it. If one has the attribute patience, then perhaps waiting for a pullback after ...

      Indicator Free Trading - Skunny
    • skong replied Dec 9, 2009

      TK — ... One does not need to set up multiple fibs and track everything if you are patient...... Which was what I have been doing, thinking that it was necessary. No more. If I have understood correctly, then a breached of the 0 line means ...

      Indicator Free Trading - Skunny