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Thread: Fibonacci Trading

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#413 (permalink)

08-18-2008, 11:23 AM

Essy

Registered User

Join Date: Jun 2008

Posts: 4

Essy is an unknown quantity at this point

stop loss at 70 %

Yes, I know the retracements. But I'm trying to put my stop loss as close as possible because 76.4 % is for my feelings too far using an entry of 50 % (85 % was just a tipping error). I'm trying to optimize risk/return ratio. All this is based on my trading history, which is not short but compared to other members' history nothing. Also I'm just beginning to put custom indicators in Metatrader 4.

thanks for some input from experienced traders, who've already tested this optimizing or are still looking for it.

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