Dear Forexmentor Members,
Professional traders seek out high probability trading opportunities by simultaneously analyzing price movements on 2 or more time frames. Multiple timeframe analysis offers traders an unique advantage and improved confidence when deciding trading entry and exit points.
New traders often find themselves facing seemingly conflicting information when attempting to do multiple time frame analysis. Often one time frame will show‘buy’ and another will show ‘sell’ or vice versa .
Understanding how to apply the Laws of Multiple Time Frames is the key to successful trading.
The Laws of Trading Multiple Time Frames
- Every time frame has its own constitution.
- The tradable trend is determined by your style: scalper, intra-day, swing or position trading.
- Price will appear chaotic in one time frame and orderly in another.
- The higher time frames are always more significant than the lower time frames.
- Buy and Sell markets can exist simultaneously
Important questions that will be addressed in the lab:
- If the market is in a retracement, which of the two retracement styles is it in?
- What are the three market trends that make up all markets?
- How do you use the three market trends to get better trade entries?
- How do you use the three market trends to stay in the trade longer?
- How do I quickly know if I should trade or if I should not trade?
- How do I lock in profit professionally and not emotionally?
- How do I avoid getting trapped on the wrong time frame chart?
- What time frames should I trade?
- How do I know when a trade is going turn against me?
Also learn to avoid these common mistakes:
- Getting trapped on the wrong chart.
- Missing significant support and resistance.
- Getting into trades too early.
- Trading with excessive stops.
- Overtrading.
- Missing out on profits because of getting shaken out of your trade.
The Laws of Trading Multiple Time Frames Live Trading Lab is one of the most unique workshops you will ever attend. Nothing about this event will be conventional. When you walk in to our conference room, you see three large projection screens used to simulate real trading using multiple time frames.
During this interactive workshop, you will be taught how to do your technical analysis with several time frames and then blend that analysis to make the best possible trading decision.
THERE'S MORE....
Seth will share 3 of his personal trading strategies during the two-day session.
The concept of trading with multiple time frames is something every trader should consider learning and applying to their market analysis. It forces the trader to look at the market with greater objective analysis and rely less on personal opinions.
Professional Forex Traders and people just like you who make their living trading the Forex use multiple monitors and multiple time frames—now you can too!
Time and Place
Date: |
Feb. 2-3 2008
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City: |
Orlando, FL
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Location: |
Best Western MovieLand
6233 International Drive
Orlando, FL 32819
Tel: (800) 327-2114
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Guest Accommodation: |
Feb 1 ($59)
Feb 2 ($59)
Feb 3 ($59)
To book rooms at the BW MovieLand before January 1, 2008 please call
800-327-2114 code: FOREX
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Time:
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Registration 8:00AM Saturday
Saturday: 9AM - 5PM
Sunday: 9AM - 4PM
(Food: Two coffee/tea breaks daily ) |
