Assignments

Please send in at least 2 scenarios of price movement when it is better NOT to trade at all.

Please find on any chart of any instrument the following: Any price pattern and show where the entry and stop loss should be  A new trend, and please indicate the HH/HL or LH/LL points where the new trend is confirmed

Find one example where there was a confirmed trend reversal based on the price breaking the trendline as well as a previous low/high. Find one trend reversal which was confirmed by a sequence of HH/HL or LH/LL  points Send charts to [email protected]

Select any instrument on the H4 or D1 timeframe and indicate any divergences on the selected chart. Send it in by e-mail.

Find one overbought and one oversold situation on the Daily timeframe using the Stochastic and our “OBOS” (combination of WPR & MA) indicators.Here are the parameters for these indicators:“OBOS”: (See video in attachment of how to set it up)WPR Period = 35MA Period = 25MA Mode = Linear Weighted STOCHASTIC OSCILLATOR:%K period = 160%D period  = 3Slowing = 10

Please find at least two scenarios on your charts where a trend reversal has taken place and were confirmed by the “Breaking Rule”

Go to your charts and find: Two examples of environments or price movements that is NOT suitable for trading Two examples of environments or price movements that ARE suitable for trading Create images of these environments and send them in as homework for marking.