6 ticks of risk

chart explains-

chart explains

so, what is the reason for entry? break out 50%? is that reason?

reduced at 25.25 for free trade agreement -

supermht 

so, what is the reason for entry? break out 50%? is that reason?

backtest and you will see -how the 50% plays in as support -just like most other fib plays -there are many other post on this thread that show the same setups -

maybe 21.75 will hit -

this was from a crossover as previously explained in past post -

notice in new chart how our 50% zones off the highs become our stops for our trade and to look for trigger reversals

i exited all @ 1326.75 for lunch -you see the support line getting thinner = weaker

A&D momentum chart still shows uptrend as of 1:12 est -

notice the 50% fib -all the north and south bound breaks -
you need to be aware that if you are short and the ma crosses north again on the 50% fib thats a sure exit to wait for a better setup -i see them when it occurs as a side ways move

here is the sideways action -if you chose to stay in it - all the longs and shorts at the same basic area -waiting for the move -