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Monday, January 18, 2010

Getting Educated on the Market

On Saturday, I attended a trading seminar hosted by the Denver Trading Group. The guest lecturer was Larry Pesavento. This was only my second time attending an event put on by the Denver Trading Group, but I feel it was well worth the $35.00 fee ($25.00 for members). I learned some interesting information from Larry, in which he covered the AB=CD pattern, the Gartley "222" pattern, butterfly pattern, and a bit on market harmonics.

Towards the end attendees asked questions and he showed us via his laptop how he got prepared for the next trading day. We applied some of his work towards charts on gold, dollar, and commodities. The best thing of all...I had my name drawn and won a 1-year access to his website and newsletter. Best of luck to all in the market this week and I look forward to applying some of my new found knowledge moving into the future.

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