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IBD’s Level 3 – Chart School
IBD’s Level 3 – Chart School
Archive : IBD’s Level 3 – Chart School
IBD’s Chart School Home Study Program makes chart reading and spotting bases easier than ever! Chart School will help you maximize gains, protect capital and much more!
Understand Charts at a Deeper Level to Maximize Gains and Protect Capital
This advanced workshop, taught by O’Neil Data Systems, Inc. Portfolio Managers, Charles Harris and Mike Webster, is filled with lessons on how to enhance positions, find IPOs ready to break out, and understand charts at a deeper level. In addition, you’ll learn essential selling strategies for maximizing gains and protecting capital.
HOME STUDY KIT COVERS:
In-depth analysis of how to buy stocks including:
- • Buy points and alternative buy points.
- • 50 examples of proper and faulty
cup-with-handles. - • Over 10 examples of each of the
other bases. - • Introduction to IPO and Initial bases.
Offensive and defensive sell strategies including:
- • 15 specific sell signals and dozens of
examples. - • Learn to sell when:
- • The stock is rising in price
but flashing red flags - • The stock’s price is
declining and showing
weakness
- • The stock is rising in price
Money management strategies
- • Learn key rules such as follow-up
buying, using average cost, and
matching your individual trading style
with your investing goals. - • Learn how to best handle your
positions in any market.
Workbook
- • An oversized 11″x17″ workbook that
makes chart reading and spotting bases
easier than ever with over 500 pages
filled with hundreds of examples.
What is forex?
Quite simply, it’s the global market that allows one to trade two currencies against each other.
If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.
If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.
Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.
An exchange rate is the relative price of two currencies from two different countries.
You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!
You’ve exchanged one currency for another.
Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.
Currency Exchange
Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.
It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.
Salepage : IBD’s Level 3 – Chart School
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