I just read that when trading Fibonacci you should trade with a trend in place, not sideways consolidation as price is less likely to respect the levels. Is this true? or is just a matter of opinion?
- Joined Oct 2007 | Status: Former institutional dogsbody | 1,253 Posts
I'm not trying to convince anyone. I'm not in the "convincing" business.
- Joined Aug 2010 | Status: Chaos is a ladder | 1,268 Posts
"To hold, you must first open your hand. Let go." - Lao Tzu