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Old 09-10-2006, 12:59 PM
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I use different strategies for long and short setups. The markets tend to move slower when price is advancing and faster on a decline.

I find pullbacks in a uptrending market to be deeper than retracements in a downtrending market.

One example is: in an uptrending market I use a 61.8% fib setup. While in a downtrending market I use a 50% fib setup.

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