Sponsors Free Webinar Using Conferencing Technology to Tackle a Knowledge Gap Prevalent to Most Momentum Based Technical Traders.

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Saturday, June 3rd, 2006 at 12 p.m. Eastern is the scheduled time for this very out of the box webinar targeted to professional technical traders as well as dedicated students of price and volume charting. The webinar is called "How to Identify and Trade Range Contraction."

Oswald Castillo, President and founder of has announced that his company is going to hold a live webinar called "How to Identify and Trade Range Contraction." This online class will be hosted and moderated by Castillo personally. The date of the class is Saturday, June 3rd, 2006 at 12 p.m. Eastern time and registration only requires a name and e-mail address. The class will be done using live conferencing technology software provided by Hotcomm. Attendees will be able to see live streaming charts, hear the voice of the moderator, and communicate with each other as well as the host. "We are excited to be giving this class using this technology and feel that the experience for the attendee will be much like one's experience when they have somebody standing with them personally and explaining to them new concepts and strategies." says Castillo.

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The topic of the class is going to be "How to Identify and Trade Range Contraction." This class will deal with some of the basic components originally born out of Toby Crabel's book from 1990 called "Day Trading with Short-Term Price Patterns and Opening Range Breakout." Some of these components are narrow range bars, NR7's, and range contraction. The demand from professional traders for any information relating to these range contraction concepts has been strong as evidenced by the fact that the book has long since been out of print and used copies are commonly seen selling for upwards of $1000 at online bookstores such as Amazon. "Toby Crabel is a giant in my eyes and his concepts are completely integrated into our trading research and methodology. We are stepping on the shoulders of this giant and expanding on the original premise of many of the ideas. For example, we feel that analyzing a single price bar/candle is much like saying 'I can name that song in one note' when in reality we all know that is not possible. We take the concept to the next level and talk about the patterns that should precede these single bars or notes in order to put the risk/reward parameters on your side."

"I will soon be officially announcing a future publishing contract in which I will building on many of the concepts that were presented in the book and how I have applied my pattern concepts to these 'trigger point' narrow range bars as well as forms of contraction on volume." says Castillo.

The company really feels that this webinar will act as an excellent primer for people that want to know more about this form of trading.


Oswald S. Castillo

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