TRIPLE SCREEN TRADING AND BLOOMBERG INTRODUCTION

Transcription

1 TAFX TRIPLE SCREEN TRADING AND BLOOMBERG INTRODUCTION

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3 History of Triple Screen System Developed by Dr. Alexander Elder since 1985 Triple Screen applies three screens to every trade Trades that pass the test have higher degree of profitability More than a training system, it is a style of trading

4 Choosing Timeframes: The Factor of Five Analyse the market in at least two timeframes The shorter timeframe has to be five times shorter than the longer one This method demands that you examine the long-term chart first (tide direction) Use the waves that go against the tide for entering positions

5 First Screen: Market Tide Use of MACD Histogram slope in weekly charts to identify long term trends First screen takes away one of three choices: buy, sell, or stand aside Swim with the tide or stay out of the water

6 First Screen: MACD

7 Second Screen: Market Wave Identifies the wave that goes against the tide When weekly trend is up, triple screen takes only buy signals from daily oscillators and ignores their sell signals When weekly trend is down, triple screen takes only shorting signals from daily oscillators and ignores their buy signals You can use Stochastics

8 Third Screen: Theory Chart

9 Third Screen: Intraday Breakout Trailing buy-stop technique in uptrend Trailing sell-stop technique in downtrends WEEKLY TREND DAILY TREND ACTION ORDER Up Up Stand aside None Up Down Go long Trailing buy-stop Down Down Stand aside None Down Up Go short Trailing sell-stop

10 Third Screen: Intraday Breakout

11 What is a Bloomberg Terminal? Where are they? Hon Sui Sen Memorial Library CAMRI Lab Mochtar Riady Bldg NLB HQ Business Level

12 Bloomberg Keyboard Controls

13 Bloomberg Keyboard Controls

14 Main Screen after Log On Capture: GRAB <GO>

15 Seeking Help Capture: GRAB <GO> Help: HELP HELP

16 Equity Description Singapore Airline SIA SP <EQUITY> <GO> DES <GO>

17 Moving Average Convergence Divergence Singapore Airline SIA SP <EQUITY> <GO> DES <GO> MACD <GO>

18 Stochastics Singapore Airline SIA SP <EQUITY> <GO> DES <GO> MACD <GO> TAS <GO>

19 Additional Resources