Using Fibonacci to Determine Whether the Current Move is a Correction or a Change in Trend
By Mark Braun   
February 04, 2011

Title:Using Fibonacci to Determine Whether the Current Move is a Correction or a Change in Trend

Speaker:Mark Braun

Company: MJBraun.net

Join Mark Braun for this live webinar introducing where to find the strongest support and resistance on your charts. Price will react at these levels!

Whether you are new to using Fibonacci support and resistance or would like a refresher, this online event will give you the opportunity to learn the meaning of each of the major retracement and extension levels.

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Topics to be outlined include:

  • Learn which levels define a trend – what’s in favor of your trade and what stands in the way
  • Gain confidence in choosing the right pivots to draw Fibonacci support and resistance
  • Using Fibonacci extensions to define price targets and which specific price points need to break to confirm that these targets are in play
  • Using retracements for an early “choppy market” alert

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.

 
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This website is for educational purposes only. Offers and events from 3rd party vendors are provided for convenience only. Trader Kingdom is not responsible for the content of a 3rd party website or their services.

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. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.