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Showing results for tags 'fibs'.
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I had a couple people ask me to start a Fibonacci thread so here it is. As you've probably heard me mention in other posts I enter at 50% lines I use a 6 tick stop on the ES and 8 pip stop on the Euro (6E). I trade in contracts of 2 and take half off at +2 on the ES +4 on 6E. I use a target of 23% past highs. Be interest to hear how you trade using fibs.