Manual trading and profitable?

23.6 and 38.2 extension targets now hit

 

Hi Speedo,

can i ask your trading extensions, yes, may i ask do you average in to a position and hard target

 

On zone pullback trades, I go all in and scale out +10 or 2x initial risk whichever is first and then fig extension targets while trailing stops under swings

 

Trend flags are usually all in and all out at 2x IR

 

Do yo ever use fib levels to trade the re-trace? After the extension

 

No, start over with 1/3 to 2/3 of measurable leg.

 

Sorry, my lack of not understanding what is 1/3 to 2/3 of measurable leg .

 

Referencing my above chart, from the third 5 minute bar of the regular session to the high of the morning prior to the pullback was a measurable leg. IOW, the high and low of the leg from which you draw the retrace grid.

 

You are asking great questions.

 

Good idea as few are profitable.