Rising Range within our Emini Fibonacci Grid Sept 20
The Fibonacci Levels continue to work! It’s reassuring and exciting – and hopefully profitable for you.
Yesterday was a perfect example of the high, low, and afternoon reversal taking place exactly at our levels.
Here’s today’s updated Fibonacci and Emini (@ES) trading levels for your plans and trades:
Here’s a reference guide of how to use and trade from these morning updates.
We’re seeing a Rising Range (black trendlines) occur within our Fibonacci Levels.
I go into more detail for members, but for now, focus on 2,140 as the midpoint, 2,148 as the upper pivot, and 2,128 as lower support – all within the context of the rising trendlines and bull/bear pathways beyond them.
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Corey Rosenbloom, CMT
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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).
We got to be very wise with these levels because they have really help us gain good rewards, but at the same time, it’s necessary that we focus on trading in proper way and after we have understood the thing. I get great guidance from my broker OctaFX, as they have really cool educational setup which works very nicely for me and helps me understand the basic easily while there are several demo contest that I can participate on to improve upon my knowledge.