Tuesday, April 26, 2005

June 2005 Workshop Schedule.

June Workshop Schedule

This is the last regular class Marsh will be holding... ever!

We take the mystery out of Day-Trading. All of this takes place in real-time using HotComm and Live Market Conditions. You get to see how we put it all together – It’s really Simple-as-123.

Wednesday, June 7th 9:20am – 11:30am EST - The Basics, and 41 things you need to know.

Set-up: I recommend Labware Charts easy set-up. For info go to www.Labwarecharts.com ask for a free trial while you are taking the Workshop.

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 default MACD – 12 – 26 - 9
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. Fast 5-Min. MACD settings – 22 - 50 - 5 10. A bullish bias…

Thursday, June 8th 9:25am – 11:30am EST - A consolidation or choppy kind of day

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, Bottoms, and Blips
5. 10 o’clock reverse
6. 30-Minute Breakout
7. First hours High and Low – How it affects the day
8. How to use fast Stochastics and fast MACD
9. Pivots – if you want to know where and how to use them
10. Expect the Market to continue or move sideways

Friday, June 9th 11:45am – 2:45pm EST - Advanced Trading Techniques

1. Understanding trading day personalities
2. Identifying 15 Price Patterns
3. Trader Killer
4. Emotions you never knew you had
5. Late afternoon Breakout
6. The Bond Boys
7. Trailing Stops - when is the best time to use them
8. A bullish bias

Monday, June 12th 9:25am – 11:30pm EST

1. How to look at the reversals for a trade
2. Blips - using those candlesticks
3. 8 possible reversal time zones - How can we tell?
4. A new and powerful price pattern (200 simple Moving Average)
5. Momentum…do you get it?
6. Review the Study Guide
7. Bullish bias

Send me your trades via email and I will analyze them for you. I will need your TradeLog of course, and your strategy...long or short, time of entry, target, and exit. If you use HyperSnap or some other screen capture tool, you can send me your chart. Focus on your emotions...the ones you never new you had. Use good risk management, and for goodness sake be patient.

Tuesday, June 13th 9:25am – 11:30am EST

1. Turn Around Tuesday
2. 11:15 Reverse – A new Reverse to think about
3. Handling frustrations in a sideways channel
4. Trade all day – How to recognize the set-up
5. Strategies – M/A, Breakouts, first hour’s high and low.
6. Look for the ES to retrace Mondays move
7. Choppy bias

Wednesday, June 14th 10:25am – 3:00pm EST

1. Afternoon Strategies – Late Afternoon Breakout
2. 10:30 reverse, how to recognize the set-up
3. 12 o’clock hop or flop
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

Thought for the day...

If you really want to get better, you have to practice perfectly...that is, with attention and intention. Attention is keeping your mind on what you are doing while you are doing it. And intention is having a definite purpose that will give meaning to all your effort.

Thursday, June 15th 10:25am – 1:30pm EST

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. Sideways bias

Friday, June 16th 9:25am – 3:30pm EST - Advanced Trading Techniques

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

We will spend the 19th and 20th working on solving problems, and on any make-up classes you may have missed. Make sure you do your homework. If you will take the time to study you will learn to feel the pulse of the market, and make confident trading decisions.

Example of Labware Charts - easy set-up and free tools.