Quoting mrpipsDislikedI agree--nice summary!
I like to think of the market as a wrecking ball. When it's reached the end of its swing, it's very easy to "push" in the other direction, but before the end of its move, it's very easy to get splatted against a brick wall.
Don't get splatted!Ignored
Haha. I agree too.. because i hit the wall too.
I also found out that u will miss alot of pips if u STRICTLY take only price at extreme fib or further. What abt this below the extreme fib, i would say.. reduce yr position sizing. A pip is better than none.
Vegas develope this method for all to use. Having a flexible mindset and good money mgt will wins u the game. Cheers
The future depends on what we do in the present.