FibMarkets.com

S&P trade setups video; click to enlarge

Forex trade setup video; click to enlarge

For a while the indexes have been stalled in a consolidation and preparing for a move in one direction or another.

USDJPY (forex) is also prime for a great trade. I’ve included my latest analysis for the week in the videos on the left.

For discussion on intraday trades, you may be interested in joining my trader forum, it’s only $9.95 for 2 weeks. Click here for more information.

Originally posted by “Lori”. Wed Aug 26, 2009 11:09 am

Click image to enlarge

ES has been in quite the uptrend. but its been going sideways intraday…so today i decided to do a quick little trade, using my ‘fibmaster’ skills ) it worked out well! i’ve attached a chart–60min. i used that to find my fib studies. i took them off cuz it looked pretty confusing, but u can see the green lines are my sk support. i added more info on the chart. i like to use 2 contracts and exit the first one quickly (2 points)and move my stop up to B/E, ensuring a small profit ($100) even if things turn against me. i’m kind of a ‘be safe’ girl that way….
not a bad trade. profited around $500. i’ll take it!