Search entries:

FibMaster live workshop
& chat!

Live webinars
lessons & seminars.

Video seminars & lessons.

See what other traders say about FibMaster.

[Previous entry: "PLXS More consolidation, another small gain"] [Main Index] [Next entry: "Chat room and trend trades.."]

02/19/2004 Archived Entry: "Fibmartkets subscriber chat room was rockin today!"

click here for ES chart
2/19 There were several Trades of the day today in Fibmarkets subscriber chat room. Really to numerous to list. So I'll just focus on two. There was a gap play in the a.m. off of the mornings hod. Several members made in the area of 3 points, including Fibmaster, Cal, Griffey, Moogie, Brad, and Grant. The gains varied because some used the 3 minute chart to enter and some the 5 minute chart. To help trigger exits was a .618 retracement level and a cross up of the 3x3. Later in the day there was a classic trend trade. (If you've seen Fibmaster's video, you know what I mean). Around 3:00 the 5 minute chart (shown) triggered an entry with the TRSI on the 30 minute chart down (not shown). More aggressive traders could have entered earlier, but this was the safer entry. Cal, Grant and others booked several points on this one. There were several fib levels to help with an exit, including .382 at 1150.5, an sk area in the 1148 area (not shown). Also notice it never crossed the 3x3. (The arrows on the chart are general areas for entry and exits)