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Old 30-06-2005, 11:55   #11
MickMason
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Re: clarification needed on trading with fibs

Quote:
Originally Posted by foamgod
Then what does 61.8 or the rest of the levels mean?

I got that info my wretched broker though. *MAD*


How do you mean "what does 61.8 or the rest of the levels mean"?

Know your instrument. A 61.8% retracement in Eur/Usd may mean something different than a 61.8% retracement in Cable.

Foamgod are you making money? Well ok then why fix what ain't broke...

Mick
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