CFD Swing Trading with Stochastic Indicator

Synopsis

Swing trading usually involves a price movement from one low to a high, taking about 2 to 3 weeks in the process. This strategy is suitable for the stock market as it does not require frequent monitoring or incur too high a trading cost. In the 2-3 weeks of price movement, a good amount of profit can be generated. In this seminar, you will learn the mechanics of swing trading together with the Stochastic indicator. The Stochastic indicator will be used to identify the direction of price movement as well as the swing points as the market moves from oversold to overbought.

Outline
  1. Learn the mechanics of swing trading
  2. Master the Stochastic indicator
  3. Learn to combine swing trading with Stochastic Indicator to improve chart analysis
  4. Putting acquired knowledge into practical swing trading

Speakers' 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.