Our Intraday Emini Fibonacci Grid is Working Perfectly June 15
Thu, Jun 15, 3:21 PM ET, by Corey Rosenbloom
If you’re new to our style of simple intraday trade-level planning, use today as a reference for how we do it.
Here’s your short-term Emini Fibonacci Retracement Grid and Target Levels:
First, review our introductory reference post “How to Use our Intraday Fibonacci Grid for the Emini.”
We use them as targets to play “toward” and as possible reversal points intraday.
The market – with few exceptions – has traded within our grid recently, giving us an edge over traders not using it.
Today’s session gapped violently lower but reversed just as aggressively higher off our 2,416 Fibonacci Pivot (61.8%).
We’ve seen a full rally up through our intraday grid as a V-Spike Reversal session morphed into a Trend Day.
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: "Finance" Definition
SDI Glossary: "Retracement" Definition
SDI Glossary: "Stock" Definition
SDI Glossary: "Trend" Definition
This Article's Word Cloud:
More articles: 1 2 3 4 5 6 7 next »