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Using Fibonacci Analysis - Part Three (stops)

From news_archive.php?id=145120

We've now discussed finding entry points, setting stops, and projecting initial profit targets in the previous lesson. I’ve found that it’s usually harder to decide what to do with the trade once you have entered it. Especially when the trade moves as you expected it would. Is it appropriate and possible to adjust stops and project price targets once initial projections have been met?Stop losses I find Fibonacci retracements invaluable when trying to answer these questions. In this section we will talk about adjusting stops and projecting price targets beyond initial estimates. Stop Losses Risk control is critical ... (full story)

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