Compass, once I see what I am looking for I take the zero break, I will go in earlier if a smaller fib setups up sooner and I take the zero on that. I use a stop at the innner 38 at the moment so my risk is 50/50, I do not use the 100, one mistake and you wipe out 3 good trades, I've done it!
To all of you, I have spent many hours looking at Thom's charts and found my own way with this. I am not finished with testing this, I'm still developing the setups and where to use a stop. I know of a couple of setups that already work for me. I will never ever claim I can trade 100% that's not the point of this. I look for the nearest target and go for that.
MD.
To all of you, I have spent many hours looking at Thom's charts and found my own way with this. I am not finished with testing this, I'm still developing the setups and where to use a stop. I know of a couple of setups that already work for me. I will never ever claim I can trade 100% that's not the point of this. I look for the nearest target and go for that.
MD.
Keep smiling 