Quote:
Originally Posted by Wik
I used to use Marc Mcrea Fib Surefire system, biggest problem is that when the "trend" is formed, it reversed 70% of the time. I had 20% success with Fib, not my game.
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I really like fibs but didn't have much success with them either until I started trading fib patterns which signal and trades at the end of a trend. Maybe you'd like to give them a try, because as you said, trends seem to reverse 70% of the time, and that's their success rate. We have a thread dedicated to them...
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