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Event-Driven Spikes

[vc_row][vc_column width=”1/1″][vc_video link=”http://www.youtube.com/watch?v=SvugvSLHT7Q”][/vc_column][/vc_row][vc_row][vc_column width=”1/1″][dt_gap height=”15″][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Video Notes:

Context of the spike is by far the most relevant – every spike is unique and understanding the market's common reaction to like-events is most crucial

Fibonacci Retracements used as a guide only – theory versus mechanics – both are described

1st shot is usually these best – if you miss it, let it go unless something unquestionably strong is telling you otherwise

Don't be afraid to go for more – its the only way to really get ahead

Look for renewed buying or selling pressure to gauge retests[/vc_column_text][/vc_column][/vc_row]