yeah, Iv'e learned to trust these fib targets ...today it reversed 3 or 4
pips from the 1st target ..
don't know how or why they work , they just do..
look @ yesterdays chart ..see how many times price respected the levels .
and remember , these lines are drawn @ the first 10 mins of the london open .
can you think of anything that will tell you exactly where price is going for
the rest of the day ?? ( about 80% of the time anyway )
if we get the direction right ( which isn't that hard ) we can grit our teeth and
hold on till a tgt is hit .........