Join Mark Braun and co-sponsor NYSE Liffe US for an in depth look at using Fibonacci support, resistance and targets in the YG mini Gold futures contract. 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.
Fibonacci support and resistance works in all markets and Mark will focus on recent and current examples in the YG contract. This contract presents many clear trading opportunities with risk and reward factors all laid out in advance using Fibonacci.
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Topics to be discussed 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
- Use Fibonacci extensions to define price targets and which specific price points need to break to confirm that these targets are in play
- How to use retracements for an early “choppy market” alert
- When and how to use a momentum indicator to confirm which Fib zones will hold and which will break
NYSE Liffe US’ 33.2 oz. mini gold futures contract is the most liquid U.S. dollar based mini in the world. Learn more at nyx.com/metals.
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, NQ, ZB, ZN and the 6E Euro Futures contract. 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.