When the e-mini trading Ambush marketing can be a power tool in your arsenal of trading. It’s a Fibonacci trading, which is definitely not my favorite, but has a surprising level of success. This trade setup, which occurs frequently, take the time to recognize and practice, but learning it can turn valuable mark on the positive side of your trade ledger.
A brief note about transactions using Fibonacci numbers in order here. I trade what works, regardless of my personal beliefs. Since enough e-mini traders have a high level of faith in the Fibonacci trading, I will gladly join in their fun.
There are several ways to Ambush trading market, some people believe that the entire range of the day in order. These traders plot the usual Fibonacci numbers in a normal manner, but with the whole range as day basis. Personally, I found this trading method to be less successful than mine; I look generally to be found significant step in the trade of the day and Fib retracements apply to this individual move. I have listened to numerous discussions some pro single negative about this subject; but for me, spotting an important step and trade have been most successful on the move in the Ambush.
So what is the Ambush marketing?
As I mentioned earlier, I’m generally an important step on the day of the trading session action and applying a series of Fibonacci retracement from the beginning of the move to the closure of the move . In essence, I am measuring the level of retracement of the original movement. The area I’m interested in the 50% retracement of the 61.2 retracement level. The area between these two areas is to be referred to as the Ambush zone. I might add that the number 50 is not a Fib number, but it is in the mix for reasons that I do not throw
Some aggressive traders automatically a subject at a predetermined level in the ambush zone .; say at 50%. I personally do not use this method because I generally wait for the market to begin to change direction before entering this trade. It is a strange trade for those who are not accustomed to observing this trade, because it looks like you’re taking a trade “out of the blue ‘in a relatively strong retracement against the trend. But Fib dealers are well aware of the Ambush trade and are waiting generally hit patiently on the Ambush zone retracement. Then they take action, and opposite trade in the direction of the retracement and the direction of the original trend. I can about generally getting 12+ character of this trade, but do not let it go, because the price action resumes often in the direction of the retracement, this is not a trade greedy to get on, get your sign and get off at the first sign of movement. opposite the direction of your trade.
Overall, I have a very popular among experienced traders trade based on fibonacci retracements described. This trade is relatively consistent, so I look for it in the course of the day. Do not try to eek every tick of the market, and stop moving at the first sign of trading against your position.