Hi Cash
Thanks so much for sharing this with us-you are always there to help and give and we appreciate it all.
As a trader I use fibs constantly through the entire day.without fibs i am totally lost.
when there is no fib ratio i stop because i know that something is not right and i am almost always right.
I only trade the Es and the CL- but again- the mistakes that traders do are numerous - you cant just take the fibs as is and trade in the dark.Fib is not a trading method- fib is only an address.
You need to use price action- or better wording "Leg Action" which is totally different than price action.
Price action talks mostly about support-resistance- trendlines etc.I never bother with these.
You have to be able to read the market no matter how big or small are the legs.You need to be able to identify noise and chop and you can only do that using fibs and leg action and not lagging indicators.
This takes a lot of screen hours and experience- but this i the best way to trade and the safes one.
take care
Traderbeauty-Jane