Quoting xspowerxDislikedI agree. It is now not at the 2nd fib. If it strays off the extreme through consolidation and not speed then there is no trade and now your back at square one again, waiting for the extreme.
I specificly asked Vegas on this. He said exactly what I said. Only exceptions are in the volatile pair.... EURJPY, GBPUSD, etc.
Anyone still in on EURJPY? Im still holding $3,000,000 worth. Been the best last couple of trading days I've have in a while..Ignored
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