|
Latest News
Coming Soon to the Members Hot Comm room: WAVETRADER2008
NEW COURSE PROGRAM:
Instead of doing a single 3 or 4 day seminar in the future I think we need to approach the WT education program as a ONE STEP AT A TIME COURSE.
The COURSE I envisage will ensure you will learn the PRICE ACTION METHOD over an extended period where you can have time to work it out without becoming confused or dislocated by the abundance of situations involved in the day to day market flow.
When you have completed my course this way you will have a better understanding of how to make it work for you every day in the ongoing future.
I am preparing new notes for a course to be presented step by step over a two month long period where we will stagger lessons on a two day a week format.
Introductory lectures will be conducted prior to USA market hours so they do not interfere with your trading day.
Also each lecture day I will stay for the morning USA session and show examples that could be important to your understanding of my PRICE ACTION method. These can be demonstrated using real time screens flashed live or in picture format and supported by voice transmission or typed text via the Hot Comm medium.
This program will involve a two month long commitment of two days per week.
WEEK 1:
LECTURE 1: How to determine the market direction from WAVE STUCTURE, DISTRIBUTION and ACCUMULATION patterns.
This lecture will explain how to factor the current market progress into possibilities that will give you a concise idea of when it is appropriate to be looking to BUY or SELL. When it is not a good idea to be Selling and also when it is not appropriate to be buying. The first thing you need to be looking to learn before you take a trade is to have a solid reason for the direction in which you will take a trade should the right set up present itself. WE WILL ALSO TALK ABOUT CURRENT NEWS and regularly released ECONOMIC REPORTS and how the ES market is influenced by earnings reporting season.
WEEK 2:
LECTURE 2: One to One theory.
How markets operate and how traders use certain 1:1 technical levels to initiate reversal trades in the ongoing patterns that repeat day after day.
LECTURE 3: One to One Retrace Reversals and One to One Double Drive Reversals.
WEEK 3:
LECTURE 4: How to identify a BREAK OUT trade opportunity.
There are a number of things I can teach you about break out trading that will save you a lot of heartache in the future if you do not how to filter them.
LECTURE 5: How to identify a BREAK BACK trade opportunity.
Every day there is a possibiliy of the market reversing backwards after it appears to be in a strong position and you can take advantage of it when it happens. There are some simple rules to follow and you can learn them.
WEEK4:
LECTURE 6: The 50% PRICE RETRACEMENT:
This is a must understand situation as the market will often reverse direction at medium degree 50 levels on a day to day basis.
LECTURE 7: PRICE RETRACEMENTS specifically 38.2:
The 38.2 retacement is an important issue in market flow and needs to be discussed in depth as an individual subject.
LECTURE 8: PRICE RETRACEMENTS specifically 61.8:
The 61.8 retracement is important for a number of reasons that many traders do not understand, nevertheless if you have seen them repeat day after day you will want to understand why this is so.
WEEK 5:
LECTURE 9: DOUBLE TOPS.
Understand when the double tops will reverse and when they will fail.
LECTURE 10: DOUBLE BOTTOMS.
Understand when the double tops will reverse and when they will fail.
WEEK 6:
LECTURE 11: False Breaks, Gaps and the OPENING PRICE.
LECTURE 12: Review of TREND INDICATORS.
WEEK 7:
REVIEW OF THE COURSE MATERIAL.
REVIEW OF THE WAVETRADER SOFTWARE.
Conditions:
To enrol in the PRICE ACTION COURSE you will need to be a paid up member of the WAVETRADER2008 Hot Comm members room.
The annual renewals for Hot Comm room memberships will fall due on September 18, 2008 - Per Annum fee is A$250.
The COURSE will be scheduled to commence sometime in OCTOBER 2008.
Course fees for the two month long lectures will be A$1,100 additional to the annual room membership.
It is recommended but not mandatory for attendees to have our WaveTrader Software.
From September 2008 I will be opening up the new WAVETRADER2008 Hot Comm room for memberships to anyone with our trading book material.
The WAVETRADER 2008 room will act as a primary place for members to discuss and seek assistance in the use of the WaveTrader software as well as interact with other members from an international forum.
BBG
Course Enrolements can be reserved in advance by email to Bryce Gilmore - bbg144@bigpond.net.au
This will allow me to reserve the correct room space in advance, but full course payment will not be required until a week prior to commencement.
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
New shopping cart installed:
Our new shopping cart facility has been installed and is operational. It is a secure server running through a 3rd party for your protection. All information is submitted to our office before any charges are implemented. This way it is impossible for you to place an order the wrong way before we have a chance to charge your credit card.
Secure credit card system for your safety:
Our new gateway for credit card charges is the Verisign gateway.*
|