DislikedI have no doubt that there are robots that's doing some of the trading while there's no life person in control. It still requires a life person to trade, otherwise Wallstreet would not seek out Harvard grads to work, but instead hire computer programers instead. To illiterate what I said earlier, Fib retracement is an ART not a SCIENCE. By you giving out calculated predictions sole based on ONE indicator is mind blowing, especially in a slow moving market as it is right now. By you putting out this risk to reward ratio, it's as saying that you know...Ignored
I never said I was using FIBONACCI, 'WallStreet' does NOT seek out Harvard grads, anyone can trade there, and big companies DO seek highly skilled programmers.
'Slow moving market'? I stated these levels from different DATES not from the last 5minutes. Your comment are surprising, I think I need to draw you a picture...
http://i39.tinypic.com/2zebedw.png
THIS = EDGE
Which trade opportunity would you choose?
If you don't get it after this then I think you may belong in the short bus?