Ulterior1980 (August 17, 2008 at 7:41 pm)

i use a bit different strategy - draw fibs from top (resistance) of current wave and to first support (as authors) and would wait for 168% retracement ;)

MYNEWMOKE (June 29, 2008 at 1:46 am)

good tutorial on fibs. from what ive learned and experienced. its normally best to wait for price to retrace to the 50% level or 61.8% level. the 23% level is really risky. but with paitence price in most cases always retraces at least to the 50% level. with patience you will get you a good price and extra pips. type in levearage fx on here and you will see a perfect example of this.

darkdante1979 (November 21, 2007 at 8:44 pm)

I hope you took advantage of those misquotes in the middle of your chart at 2.15 and on the left at 2.30

pip1705 (August 2, 2007 at 6:36 pm)

Very Very interesting and extremely informative also a down to earth approach which is a nice change.