Marsh's May 2005 Workshop Schedule

May Workshop Schedule:

All attendees will get a free month of Labware Charts!
To sign up, go to http://www.simple-as-123.net/class-schedule.html

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Monday, May 2nd 9:20 – 11:30 EST…The Basics, and 41 things you need to know.
Set-up – Hotcomm, Charts, and answer questions.
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1. 5-Min. ES chart with the 10-period simple moving average. If you are using a chart service that allows you to set up more than one indicator…use Stochastics set at 8, 3, and 3, called Classic Stochastics… (Note that quote.com has only the 8 and 3).
2. 5-Min. $COMPX chart with the 10-period simple moving average.
3. 5-Min. $INDU chart with the 10-period simple moving average.
4. 15-Min. ES chart with the MACD
5. Trade Log (If you don’t use a Trade Log you will lose!)
6. Trading with the trend (The trend is your friend till it comes to an end)
7. How to place your orders – Bid and Ask (Learn how to cut down slippage.)
8. 6 Reversal zones…maybe even 8.
9. Some new MACD settings to experiment with – 22-50-5
10. A bullish bias…
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Tuesday, May 3rd 9:20 – 11:30 EST…
What to expect on Turn around Tuesday
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1. Looking for a Strategy that fits your personality…
2. Open Gap strategy…the night traders 24hr session
3. Gap strategy…using a 10-minute ES chart
4. Double Tops and Bottoms
5. 10 o’clock reverse
6. First hours High and Low – How it affects the day
7. Reversals…what to be wary of
8. Pivots – if you want to know where and how to use them
9. Expect the Market to reverse from Monday (Hence, “Turn around Tuesday”)
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Wednesday, May 4th 11:15 – 2:30 EST…
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1. Afternoon Strategies ( how are they different)
2. Identifying over 13 Price Patterns
3. PowerTrades…the risk
4. 12 o’clock hop or flop
5. That move to the low during the doldrums – risk to reward Reversals to look out for in the afternoon
6. 2:15 Late afternoon Breakout – How to recognize the set-up
7. The Bond Boys…Strategies – M/A, Breakouts, first hour’s high and low.
8. A bullish bias
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Thursday, May 5th 9:25 – 12:30
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1. Staying out of the chop ( Looking for a channel)
2. Trading Tops and Bottoms
3. Reversals…or just pullbacks
4. Strategies – M/A, Breakouts, 30-Minute Breakout
5. Choppy bias …Ascending or Descending Channel
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Friday, May 6th 11:45 – 2:45 EST…
Advanced Trading Techniques
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1. Understanding trading day personalities
2. Emotions you never knew you had
3. Late afternoon Breakout
4. The Bond Boys
5. Trailing Stops…when is the best time to use them
6. A bullish bias

Take Monday and Tuesday off; practice…send me your trades. I’ll be watching so don’t cheat.
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Wednesday, May 11th 11:15 – 2:15 EST…
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1. Afternoon Strategies – Identifying Price Patterns
2. 11:15 Reverse – or just a stall
3. Blips…PowerTrades
4. That move to the low during the doldrums – risks to look out for in the afternoon
5. 2:15 Late afternoon Breakout – How to recognize the set-up
6. The Bond Boys…Strategies – M/A, Breakouts, first hour’s high and low.
7. A bullish bias
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Thursday, May 12th 10:25 – 1:30 EST…
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1. Why it’s not working for you
2. Controlling your Frustrations
3. How to stay focused
4. 1:25 reverse or pullback…how can we tell
5. Trading in a sideways channel
6. A choppy or ascending or descending channel bias

We will spend the last 3 days of the month working on solving problems, and any make-up classes you may have missed. Make sure you do your homework…

Thought for the day...
"Though no one can go back and make a brand new start, anyone can start from now and make a brand new ending."