Risk Control using fibbo . . .
"Real Time" Copper Futures Head's Up, on tfnn, LP.
Risk clearly stated based on Fibonacci.
August 22nd 2019 around 9:30 AM eastern.
mr zee call's, let's look at copper . . .
LP says :
"nice little gartley here today (HG #F Weekly)
spot on at the 78% level,
we've got game,
this is what you look for.
HG #F Daily, since Aug 5th
today's low 255, there's your risk
perfect abcd to the downside
we're trading at 258 right now.
bada bing bada boom
anything below 255 is not gonna be good."
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What's not to like about that 'real-time heads-up"?
Compare the Fibo based call some other methodology.
Would it trigger here?
Would an intraday chart trigger an entry setup there?
Is that good?
We'll see.
(give the 'trade' a little breathing room. LP figures anyone trading futures understands that. If not, they do now. If more info would be helpful LP l o v e s viewer calls.
HG-201909-NYMEX Copper futures contract Aug 22 low was - 2.5475 - at around 10:56, which is After lp's show runs. Officially, if the stop was AT 2.55, that might be stopped out, gonna leave a mark. That's too tight, so tight it squeaks.