Most chart setups take one of three major forms: breakout, consolidation, or divergence. In this webinar, Michael and Julia will walk you step-by-step through the easiest ways of scanning for each of these major formations. You’ll see scanning techniques that are easy institutional forex positions for safe learn, adjustable for your own applications and re-usable.
Momentum indicators characterize price direction and acceleration. Many of them behave similarly and have shared best practices in interpretation. Join Julia and Michael for a discussion of momentum indicators. You may find a new indicator to add to your favorites or a new use for an indicator you’ve used all along. Pivot Points are used by many professional traders to identify likely key price levels. If you’re new to Pivot Points or want to learn more, join Michael and Julia for a discussion of what Pivot Points are and how they work.
You’ll learn textbook interpretation and will gain a better understanding of real-world application through current chart examples. Julia and Michael will share specific applications for custom formulas that they have found to be invaluable. You’ll be able to identify stocks with bullish closes, consolidation patterns and even how to create a trailing Average True Range Stop indicator. Take what you learn and apply these easy-to-learn concepts to write formulas that meet your own needs.