Turning Oscillators' Weakness into Strength

Synopsis
Many investors have bought stocks when the market is oversold only to find prices going lower and the oscillator going more into oversold reading. If you have experienced an occasion when you sold your stocks because the market is overbought only to see stock prices going higher, you will find this seminar useful.

This seminar aims to show participants the misconception and danger of overbought and oversold extreme conditions in momentum oscillators when used incorrectly. These oscillators will tend to stay in overbought and oversold extreme when the trend is strong. Instead of just dismissing the flaw of oscillators, these weakness can be turned into an advance warning. The usages of two differently constructed oscillators can also be used to give different views to avoid the flaw of oscillators in a strong trending market. Combination in this way can help investors to avoid the pitfall of momentum oscillator's weakness.

Speaker's Profile
Nicholas Tan is our Associate Director of FX and CFD with close to 30 years of experience in the financial markets. Prior to joining UOB Kay Hian in 2002, he had worked for 13 years as a FX Trader with various banks in Singapore.

He is the author of 2 popular books, “Handbook for Forex Trading” and “Handbook for CFD Trading” which are available in local bookstores. He has made guest appearances on TV program like Money Mind to discuss about Forex Trading. Since 2007, he has given numerous talks and seminars, in the area of technical analysis, locally and overseas for Technical Analysts Society of Singapore and other societies and organizations.

Besides holding a Bachelor Degree in Business Administration from the National University of Singapore, Nicholas also holds a Chartered Market Technician (CMT) designation from the Market Technician Association of USA. He is also a Certified Financial Technician (CFTe) with the International Federation of Technical Analysts (IFTA) and has an Advanced Certificate in Training and Assessment.