Take a Look at that Emini Fibonacci Reversal Today Oct 27

Oct 27, 2016: 11:35 AM CST

You’re truly missing out if you’re not bookmarking and following our morning Emini Fibonacci Grid. It works!

Here’s today’s updated Fibonacci and Emini (@ES) trading levels for your trades:

Here’s a reference guide of how to use and trade from these morning updates.

We’ve seen gaps into key levels this week and intraday reversal at corresponding reversal levels.

For example, today’s gap-up through 2,139 reversed rapidly for a sell-swing down toward our 2,128 level.

So far, we’re seeing another sharp intraday reversal up away from 2,128.  We’re still in a tiny rectangle.

You need to incorporate these levels into your short-term trading.

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Corey Rosenbloom, CMT

Afraid to Trade.com

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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).

1 Comment

One Response to “Take a Look at that Emini Fibonacci Reversal Today Oct 27”

  1. Sharma Says:

    The volatility is definitely pretty high, but still we need to make sure we keep it all together and trade with planning and only then we will be able to work it out in our favor. I do it nicely with OctaFX broker using their ECN account where the spread is extremely low and at the same time there are no issues over slippage, re quote or even delay at all while this can be operated with as low 5 dollars.