Fib Levels or Patience is a Virtue?
There’s no question in my mind that algos trade the Fibs. Keep in mind that there are Fib retracements & Fib extensions and they compliment each other. The 50%-61.8% Fib retracements are more important to my work since they offer good location for trade initiation. I then use a process of Delta Hedging (DH) to … Read more