Using Fibonacci to Determine Whether the Current Move is a Correction or a Change in Trend
Often during the trading session we see a possible reversal from key support or resistance points. This webinar will cover how to determine whether we’re seeing the start of a true reversal or just a correction before the original trend is likely to resume. The focus will be on Fibonacci Timing factors on the intraday index charts, but these same techniques apply to a wide variety of markets and timeframes.
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Attendees will learn:
- How to identify the current trend and targets
- The difference between timing for the end of a trending move vs. timing for the termination of a correction. An advanced Fibonacci technique
- Simple Fibonacci time and price tools and how to apply them to your charts for best results
- Exactly what to look for to confirm that a short term move is actually the start of a longer term trend
An active trader for over a decade, for the past 6 years Mark Braun has been helping other traders to find high probability trading opportunities using Fibonacci Price and Time analysis and momentum indicators. He runs a daily update service covering a variety of markets, and an intraday chat room with live charts and commentary on ES, TF, YM, ZB and Forex currency pairs. He specializes in trading with the trend on a variety of timeframes.
This website is for educational purposes only. Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.