Feb
18
Forex Graduate Call Notes 2-18-14: Forex Bounce Trade
Different people will use terms to mean different things. The definition of a bounce trade can vary depending on who is doing the talking. The definition, here, is an intra-day trade based on an overbought or oversold condition, meant to represent an extreme condition, and expecting that it will return to a more normal condition. The time frames typically used would be looking at an hourly, 30 minute, or 15 minute chart. Sometimes, a 5 minute chart may work, but there would have to be enough volatility to justify it. […]
Feb
13
Stock Graduate Call Notes 2-13-14: Bullish Screens
There is more than one way to setup a bullish screen. First, you have to decide what bullish means to you. Does it mean a fundamentally sound stock, or a stock in an industry/sector that is performing well, or a stock that is in a strong uptrend, or maybe a stock that bottomed and is now starting back up? Our curriculum suggests that the best way to put the odds in our favor is to focus on the three major analyses of good fundamentals, good technicals, and good groups. Using […]
Feb
11
Forex Graduate Call Notes 2-11-14: Pivot Points
Pivot points are another tool or indicator that can be used to help in trading. They are used to predict potential levels of support or resistance. As with all indicators, it’s best to use along with other indications to give a better idea of how we should interpret what is likely to happen. With the IBFX trading platform, pivot points can be accessed from the Custom Indicators list in the Navigator window. There are 2 choices for pivot points. One is IBFX – DailyPivots and the other is IBFX – […]
Feb
6
Graduate Call Notes 2-6-14: Stock Scans
There are many ways one can find stocks to trade. One easy way is through the use of scanners available on many websites. A scan is a tool that searches for stocks that meet certain predefined criteria. You are not able to change the criteria and a lot of times you may not know what the criteria are. With most of the websites that we use, you can find scans on those sites. The scans can be based more on fundamental criteria or technical criteria. Scans can also focus on […]