Schooloftrade.com Presents The New Swing High/Low Indicator -- Qualifying Acceptable Trades Faster

Sept. 15, 2009 - PRLog -- Sales@schooloftrade.com
Phone: 800-381-2084
Fax 480-302-5815
SKYPE: SchoolofTrade

The New Swing High & Low Indicator

LOS ANGELES, CALIF. – September 2, 2009

The School of Trade has done it again! Their newest indicator might be the most important indicator released so far this year.  The new swing high/low indicator is crucial to a majority of their strategies and makes trading easier for them and their members. The reason the School of Trade created this indicator was to make their process of qualifying acceptable trades much faster, thus providing not only members, but also guests the ability to see exactly how and why they enter the market where they do.  There are many different indicators that can plot a swing high and low, but this proprietary indicator works in conjunction with many other indicators produced and used by the School of Trade, and is a small part of a much larger overall trading management plan followed by all the members of the School of Trade. This trade management plan is of utmost importance because it is the basis behind their consistent daily profits.

In the live trading room, Joseph James relies on two very easy to learn and specific trading strategies, out of the many available to their members. The swing high/low indicator is without a doubt one of the most essential parts involved in both of those strategies portrayed in the live trading room each day.  Their first strategy involves a trend continuation trade, which aims to catch more profits by buying and selling on short term pullbacks in price, where prior swing highs/lows are one of the determining factors in eventually executing the trade. The other involves a trend-reversal set-up, which involves more of a scalping technique then a trend continuation like their James Wave set-up. This scalping trend-reversal technique also relies heavily on prior swing highs/lows to determine the best possible entry price in the upcoming trade.   Prior to the creation of this indicator, Joseph, along with all the School of Trade’s members and guests had to try and pick the best possible entry from a discretionary standpoint, where as now, the swing high/low indicator clearly shows in a systematic way, where the most recent swing high/low has occurred.  For anyone interested in seeing the School of Trade’s new Swing High/Low indicator in real-time, come check it out for yourself by becoming a free trial member and entering our Live Trade Room, Monday 7:30AM – 12:00PM EST and Tuesday – Friday 2:45AM – 12:00PM EST.

For additional information on all of the School of Trade’s indicators and trading systems, please go to www.SchoolOfTrade.com and/or call them at: 480-503-8298; fax them at: 480-302-5815; or chat with them using Skype at SchoolofTrade.

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The James Wave Trading System efficiently produces profitable traders by delivering a unique combination of the vital emotional & technical discipline required to be a trader,and using that discipline to execute high percentage trade set-ups according to our simple set of trading rules, which results in consistent daily profits for traders of all skill levels.