HARD CORE
Technical Analysis: Identification of High Probability Target Zones (HPTZ)
Technical
Trading Methodology
The CSTA Oakville Chapter continues
this season's very important theme -- Developing a Trading and Investing Plan,
Wednesday November 13th at 7:00 pm, with another exciting and informative
speaker, Andrew Joseph Long.
While the title may sound a little
bit intimidating, especially to those who may be new to technical analysis,
don’t be discouraged! The methodology uses basic technical analysis
techniques and the application is straight forward and easily understood.
Through the identification of HPTZ’s
a purely technical trading methodology is naturally set up. We will
discuss the HPTZ process and then how it can be used as the backbone for any
trading plan, regardless of your market or trading style.
The point of using a purely
technical trading plan is to remove all bias and guess work. Following
what the market actually does and not what you think it may do reduces trading
risk in general. The tools become technical trigger considerations and we
will discuss how these can be used in a trading strategy to assess risk and
choose market entries and exits.
About this month's Presenter
Andrew
Joseph Long
Publisher
and editor of www.TRIGGERS.ca .
There is a
free public version of the magazine/market report that you may wish to take a
look through, for those interested in familiarizing themselves with the author
and his work before the presentation.
This
month’s Presenter discusses Trading Market Levels. This is one of the
steps in the HPTZ methodology and offers a preview of some of what we will be
discussing. http://www.triggers.ca/public.php
The site
also has more pertaining to the HPTZ method for those looking for additional
previews and information on what to expect.
This Season's Background Theme
* Do you have a trading or investing business plan? If not, consider...
Would you jump in your car and travel across country without a map? Would
you start a new business risking real money without a realistic business plan?
Do you have your own trading or investing plan? Do you have a road map to
success, or a road map to best limit (or at least help with) failure?
The first half of this season (six meetings), will focus on hearing from industry
professionals about their own stories and perspectives on how they've developed
their own trading / investing plans.
They will discuss important topics they have learned that have helped them
achieve their success, and, to help limit failure when it occurs.
Important topics that will be covered are;
- position sizing,
- the importance of money management,
- the need to have goals and objectives,
- favourite setups and market conditions.
Each speaker will focus specifically on how and why they put their plans
together.
If you don't already have a trading or investment plan, ask yourself, why
not? Join us each month and learn from those who have valuable experience
to share.
The November meeting is Part 3 in this season's series
