Phoenix, AZ (PRWEB) October 3, 2009
Traders Accounting and Market Gauge team up to provide a free training webinar for traders. Growing success of the Master Trader Pro Webinar series at Traders Accounting (tradersaccounting.com) is attracting more trader training companies to sign up and offer their expertise. Market Gauge is one of the leading training businesses in the trading industry and will present thier Opening Range strategy on October 14, 2009 beginning at 9:00AM EST.
Keith Schneider and Geoff Bysshe, co-founders of MarketGauge (marketgauge.com) will present a session on how and why future markets moves can be anticipated using the intra-day Opening Range. The Opening Range (O.R.) is simply the range a market trades within during a pre-determined time frame starting at the markets open.
In this presentation you will see how the O.R. provides you with price points that are statistically significant in determining the future direction of the market. When you understand the statistical edge of the O.R., you can build simple and effective trading strategies for day or swing trading of any market instruments - stocks, futures, Forex, etc.
In this presentation will you will get a complete introduction to how and why Opening Range works. The topics covered will include:
Why the opening range works in determining the market's next move
- The psychology of the trader reflected in price
- Its statistical edge you can profit from
How you can use the O.R. to build and/or improve your trading strategies
- How it determines significant support & resistance
- How it can define and limit your risk
- 5 Patterns that define strategy entries and exits
How to use the O.R. as a building block for many aspects of trading
- How to use it as a unique and powerful relative strength indicator
- Why it provides a roadmap for anticipating price action
- How it improves your swing trading
- How to apply O.R. secrets to bigger, longer-term trading ranges
If you are not already using the Opening Range in your trading, this will change the way you look at market action.