Fibs Fibs Fibs All About the Emini Fibs March 24 Update
Fri, Mar 24, 1:51 PM ET, by Corey Rosenbloom
Our short-term Fibonacci Grid continues to capture the highs and lows of the last couple sessions in the @ES.
Here’s today’s updated Emini (@ES) trading levels for your trades:
Keeping it simple as we do with our members, we’re focusing on the 2,352 and 2,338 @ES Fibonacci Levels.
With the exception of a tiny trap in both directions, price remained within this range since the recent collapse.
From that logic, we’ve successfully framed our intraday trades and strategies on the bounces between the levels.
If you’re new to this style of simple level trading, welcome aboard and keep checking back or get more details beyond just the @ES (stock scans, money flow, education) by becoming a member!
Follow along with members of the Afraid to Trade Premium Membership for real-time updates and additional trade planning.
Corey Rosenbloom, CMT
Afraid to Trade.com
Follow Corey on Twitter: http://twitter.com/afraidtotrade
Corey's book The Complete Trading Course (Wiley Finance) is now available along with the newly released Profiting from the Life Cycle of a Stock Trend presentation (also from Wiley).”
SDI Glossary: "price" Definition
SDI Glossary: "Finance" Definition
SDI Glossary: "Stock" Definition
SDI Glossary: "Trend" Definition
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