ES short exit triggered @ Stoch reversal, +4.25 (keltner +3)
Note how the stochastic reversal occurred at Fib 1.382 ~1.618 zone, which is always a good target for the second push (third wave). Pre-market, wait for volume to confirm.
Pre-market short exit at Keltner +1.75 with Fibonacci extension
This trade triggered just after 8:30am, which is the earliest that I will take a pre-market trade because the volume is reasonably strong during the one hour before market open. After taking profits at the Keltner band, if you kept half of your contracts and placed a break-even stop on that remaining half, you could [...]
Trade longs up to 1074
Now that prices have moved out of the middle Jardine Trimester and up into the top one, you can trade longs up to 1074. Use any entry technique such as Buffy’s MOF or trade longs on a 1- or 3-min MSL signal.
Fibonacci Trimesters for ES, 7/9
Notice how the entire overnight session was spend in the middle (“No trade”) section. Trade longs out of the top, and shorts out of the bottom, to their respective VPC’s.
Fibonacci Trimesters for Thursday
Prices retraced back down into the middle trimester, which is a no-trade zone. If prices drop down into the lower trimester, then take short trades down to 1039.5 or possibly the mpc at 1045.25. Note that the current low shown on this chart is also the high from yesterday, representing a gap fill and support [...]
Fibonacci Trimesters
This chart shows how to use Fibonacci trimesters to trade up to, or down to, the nearest VPC in a Jardine Range.
Buy It Now
