On a normal trading night I would not have my limit set at the PP but instead it would be at the 50% of the fibo at 106.26.....
For those who had been with me for awhile can verify that many times it would go beyond the PP and then retrace and it took me a while to figure out why and how to collect those extra pips and this is why I have the Fibo set up like it is.......
For those who had been with me for awhile can verify that many times it would go beyond the PP and then retrace and it took me a while to figure out why and how to collect those extra pips and this is why I have the Fibo set up like it is.......
The Dove - Forex Trainer