DislikedIn other words, your stops MUST be on the other side of the 100 line.Ignored
The key to what Skunny is saying is in bold.
The stop loss is not necessarily the 100 or 0, but more so where you are prepared to place the trade in the opposite direction.
Naynay is sniffing along this same path with his comments about the 61.8/50/38.2 fibs.
These three lines are very important if you wish to trade the inner fibs for profits.