Sunday, November 24, 2013

Multiple Time Frame - Kelvin Wong CityIndex

23Nov13 11am - 1pm at MND Auditorium by Kelvin Wong of Cityindex on Multiple Time Frame Trading.

1. Daily chart to determine trend - Up (higher highs and higher lows), Down or Sideway. 


2. H4 to locate support/resistance (horizontal and trendline) and oversold/overbought (oscillator stochastic 5,3,3 at above 80% overbought and below 20% oversold). 











3. H1 to lookout for bullish/bearish signals candle patterns (Hammer, Hanging Man, Inverted Hammer, Shooting Star, Bullish/Bearish Engulfing). 







4. Execution and Risk Management (based on H1 - Triger Level, Exit Target, Stop Loss, Reward/Risk ratio at least 2).











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14Dec13 - Technical Analysis to Identify Powerful Breakouts







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