Date: Wednesday, September 22, 2010
Time: 4:30 PM EST
Signup: Trader Kingdom Information Page
Learn how to enhance your trading edge at trading price reversals with the most favorable risk/reward and probability of success!
While divergences can produce powerful signals of a likely market turn ahead, most traders do not know how to incorporate momentum divergences into their intraday trading decisions. How can you spot a market that is likely to reverse its short-term trend? Where do you enter and place a stop when you believe price is signaling a reversal trade opportunity?
These are just some of the questions Corey Rosenbloom, CMT, will address in this live presentation designed to help you identify and trade intraday price reversals using momentum divergences.
Additional Info by Corey:
"Among the topics covered, I will discuss:
- How the physics concept of “momentum” translates into trading the intraday US Dollar Index and Ruessell 2000 mini futures contracts from ICE
- What indicators are best for identifying divergences
- Why traders tend to skip-over or doubt divergences in real time
- The difference between a ’single swing’ and ‘multi-swing’ divergence
- How to use divergences to your advantage both to exit a profitable trade and then re-enter at the lowest-risk price
- The difference in ‘edge’ between employing a conservative or aggressive entry tactic
I will explain these concepts and show recent intraday examples from the Russell-2000 Index mini-futures (@TF) and Dollar-Index (@DY) Futures contract, though intraday divergences are applicable to any market (or timeframe) you trade.
I will also answer the following questions:
How can you spot a market that is likely to reverse its short-term trend?
Where do you enter and place a stop when you believe price is signaling a reversal trade opportunity?
Register and attend early, as the event attendance is limited to 400 live participants.
If you are unable to attend, or unable to enter the room at the time of the event, Trader Kingdom will email you a recording of the presentation after Wednesday, but you will have to be registered to receive the link to view the archived presentation.
I look forward to seeing you there!"