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TO
tomo
Rep: 110
Posts: 238
Hi Roofer. One question.

Was 921-922 your algo place with 1.611/1.00 ?

Thanks in advance
RO
roofer
Rep: 3,689
Posts: 3,574
i do not trade the futures... but here is THE TRADE as it set up today in QLD based on both dbs and 1.618/1.00........the box was in place as of noon thursday.. it was simply a matter to see if the line would show up....

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RO
roofer
Rep: 3,689
Posts: 3,574
the line sorts the fib , the fib sorts the line, their coming together sorts the importance of price at line from existing set and generates the highest probability target i have.
TO
tomo
Rep: 110
Posts: 238
Roofer is it 1.618 expansion (where you add 61.8 of the move to the top or external retracement? Sometimes I just cannot read all those lines on the chart and you use it some different way. I guees it is because of stockcharts. 1.00 is also expansion? It would be of course 2.00 external retracement :)

Maybe Jim or others who know this stuff better than me can help here also.

Thank you roofer.