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Old 04-24-2007, 09:50 PM
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Fib retracements
May as well get straight to the point. I've never really used Fib retracements before but I see heaps of people using them on charts. Do you use them in real time trading or only at the EOD to get some ranges for the next day?

I'm kind of confused as to the FIB's use and how its applied in real time trading. Anyone who could shed some light on this would be much appreciated.

Cheers!

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