In this course, participants will learn to incorporate Fibonacci Retracement and expansion with Bollinger Band into their repertoires of trading strategies and techniques. Besides learning the usage of Fibonacci and Bollinger Band, participants will learn how to incorporate both techniques to get a better trading signal.
The course consists of 3 parts. Part 1 is on the Fibonacci indicator, which has 2 standalone trading systems on its own by using the retracement and expansion. Part 2 is on the Bollinger Band, its usage, strength and its limitations. A dual Bollinger Band trading strategy is also included in this part of the course. Part 3 of the course is on combining these 2 indicators into your trading plan and strategy. The Bollinger Band pullback strategy will also be taught to participants.
Details of the course
Part 1 Fibonacci Indicator
1. Fibonacci Retracement Usage
a. The Fibonacci Trading System
2. Fibonacci Expansion Usage
a. The Fibo ABC Trading System.
Part 2 Bollinger Band
1. Usage, Strengths and Limitations
2. Hints from Bollinger Band
3. The Dual BB Trading Strategy
Part 3 Combining Fibo and Bollinger Band
1. The Bollinger Band Pullback Trading System
Date: 30 May, 2012 from 7pm to 10pm.
Venue: SMU (room to be advised)
Course Fee: $300
Recruitment starts on 15 May 2012
Closing Date 29 May 2012
Note: Participants should have a basic knowledge of Forex fundamentals. This is a technical indicator workshop and participants with at least a basic knowledge of charting would benefit greatly from this course.