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Strategies & Market Trends : Harmonic Trading with The Phoenix -- Ignore unavailable to you. Want to Upgrade?


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