Learn Forex Trading System Course for Discretionary Traders

“Using Indicators in Technical Analysis is about the Right Fit with a Trend-based and Momentum-Based Studies” ~ Binni Ong, Chief Trainer

Technical Analysis class on 26 July 2008
Titled ‘Time It Right With Indicator’
9am - 5pm at TMC Educational Group, Capitol Centre
Organised by ShareInvestor
Trainer Ms Binni Ong, Chief Trainer, TerraSeeds Market Technician Pte Ltd

Registration details can be found here.

Trend-based Indicators

ADX

• The ADX Indicator, otherwise known as Directional Movement Index, is the perfect indicator to show strong versus weak trends. ADX is also excellent in providing warnings when a market is about to change its direction.

Bollinger Band

• Bollinger Band is a measurement of volatility and tells in advance when a price movement is oversold or overbought.

Momentum-based Indicators

RSI

• The RSI is an excellent overbought/oversold indicator that can be used to predict trend reversal points. When used together with the Bollinger point, the RSI will be an excellent timer for spotting turning point.

William’s %R

• William’s %R is equipped with an uncanny ability to anticipate a reversal in the security’s price. The indicator almost always forms a peak and turns down a few days before the security’s price peaks