10. 25. 22 I thought I would use lumber as an example irony, and how the market can do things you may not be able to anticipate, but it will still give you another chance if you get out too soon, will you miss a trade, or you get on the wrong side of the market. And that can cause a tremendous amount of havoc, and because of this, you can get into a lot of trouble when it would actually be a lot better to relax for a better trade.
Thanks for the through video Scott. I always enjoy the depth you go into. Much appreciated. Why do you hold the 1.272 fib so highly? Is it more accurate for a higher timeframe or ticker?
ScottBogatin
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@IRNY, thanks for your comments. You hear 1.272 and measured move (2) so often because they work so often. it was amazing. got it from Larry Pesavento.