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Assignments

Description.

Patterns & New Trends

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

Trend Reversal Exmples

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]

Divergences

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

Overbought & Oversold

Find one overbought and one oversold situation on the Daily timeframe using the Stochastic and our OBOS–FX indicators.(Send an e-mail to [email protected] and ask for the OBOS-FX indicator, and we will e-mail it to you)

Trend Reversals

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

Trade Environment

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.

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