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Re: Fibonacci Pullback Strategies
Here's a risky trade for today 1/22/2007 I enter off a pullback at .236 level, which means there was a strong downside trend As I don't know how long this trend will last I went in with 2 contracts. Notice how time cycles along with fib retracements played beautifully today. As you notice down on the charts, time of exit - 11:10 AM.
Regards
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