Learn how to enhance your trading edge at trading price reversals with the most favorable risk/reward and probability of success!
While divergences can produce powerful signals of a likely market turn ahead, most traders do not know how to incorporate momentum divergences into their intraday trading decisions. How can you spot a market that is likely to reverse its short-term trend? Where do you enter and place a stop when you believe price is signaling a reversal trade opportunity?
These are just some of the questions Corey Rosenbloom, CMT, will address in this live presentation designed to help you identify and trade intraday price reversals using momentum divergences.
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Corey will use specific, recent examples from both the ICE US Dollar Index(R) and Mini Russell 2000(R) mini futures contracts highlighting how knowledge of the momentum divergence concept could have helped you identify these turns in the market. In addition, attendees will learn how to use that information to trade future short-term turns.
Additional topics to be addressed include:
- How the physics concept of “momentum” translates into trading the intraday US Dollar Index and Ruessell 2000 mini futures contracts from ICE
- What indicators are best for identifying divergences
- Why traders tend to skip-over or doubt divergences in real time
- The difference between a 'single swing' and 'multi-swing' divergence
- How to use divergences to your advantage both to exit a profitable trade and then re-enter at the lowest-risk price
- The difference in 'edge' between employing a conservative or aggressive entry tactic
Corey Rosenbloom holds the professional designation of Chartered Market Technician (CMT) and is the founder of Afraid to Trade. Corey founded Afraid to Trade to share some of his experiences and define trading strategies for the public which detail his unique style of incorporating both the larger perspective of inter-market analysis with the shorter, intraday trading techniques. Combined with classical price concepts, this approach can be employed to minimize risk and maximize opportunity.
The “Technical Traders Forum” educational webinar series has brought together top industry educators focusing on technical approaches to index futures trading. These traders are active participants in today’s dynamic index markets, and the information they present should be useful to all traders. This series includes three events in September and is co-sponsored by Trader Kingdom, ICE Futures U.S. and eSignal, organizations that encourage all traders to expand their knowledge about the markets.
The “Technical Traders Forum” educational webinar series has brought together top industry educators focusing on technical approaches to index futures trading. These traders are active participants in today’s dynamic index markets, and the information they present should be useful to all traders. This series includes three events in September and is co-sponsored by Trader Kingdom, ICE Futures U.S. and eSignal, organizations that encourage all traders to expand their knowledge about the markets.
This website is for educational purposes only. Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.
