fib 61.8 about to be hit, page-13

Hi Miike

I like you input. I am VERY novice at this game. (been in the ASX trading longer)

I've just started doing smaller time frame trades, so curious about your comment that it doesn't work long term. I have experimented using one and two mini lots (mostly one) the last week or so.

Out of 22 trades I had one loss of 50c. With a total profit of about $150. Not bad I thought based on the capital I was using. My test now will be to see if the methods I used are reliable longer term. Probably long term I will discover more pitfalls!

I also want to move toward longer term using the same principles on the daily, weekly etc..

I only use the Bollinger and Stochastic on a candle chart. Nothing else.

Well done on your trade btw.

Cheers