Harmonic Trading with The Phoenix Message Board

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Strategies & Market Trends : Harmonic Trading with The Phoenix

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To: ormsby who wrote (92)	11/22/2002 1:57:57 PM
From: the-phoenix	Read Replies (1) of 941

Ormsby: It seems that the standard approach is to target the .618 retracement of the CD leg as a first profit target, and then trail a stop after that. Other than that, I don't know of any methodology for projecting targets. Phoenix

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