Hello all...here is what will probably seem like a stupid question for many of you. Do you use Fibonacci retracements to enter? If so how do you decide WHICH level to enter at? Do you enter ALL of your risk exposure at one level, or do you scale in at certain levels?
Another question...Do you use some other form of confluence such as prior support/resistance, moving averages (if so which one), or confluent fibo levels from larger or smaller time frames?
Is there a particular method that YOU use that you've found helpful or accurate?
Thanks in advance for your constructive comments
Another question...Do you use some other form of confluence such as prior support/resistance, moving averages (if so which one), or confluent fibo levels from larger or smaller time frames?
Is there a particular method that YOU use that you've found helpful or accurate?
Thanks in advance for your constructive comments