Topic: Trading opportunities when failed 1-2-3 waves become corrective waves A-B-C
Ivan Koh, founder of a private investors Club IEA (Investor’s Educational Aid). His primary objective for setting up Club IEA is to share his trading experience through his application of Fibonacci Analysis and Elliott Wave Theory. He conducts Seminars, Workshops and Market Talks periodically on local stocks market and courses for MetaStock as well as Technical Analysis on Fibonacci and Wave Theory. Ivan also provides SGX End-of-Day Data services.
Graduated from Nanyang University in 1976 with a Bachelor Degree in Commerce, majoring in Industrial & Business Management. He started his career as a Bullion Broker, Dealer, Trading Manager, Investment Manager and Managed Fund Manager.He was employed and associated with renowned local and International companies, e.g. Wardly Broking, Refco Singapore and Sassoon Financial Futures.With extensive trading experience in derivative products for more than 30 years, e.g. Precious Metals, Forex, Commodities, Financial & Index Futures as well as Stocks & Shares Markets.
During the TASS Talk, Ivan will illustrate in detail - how FTSE STI was testing and eventually broke up above 2008’s low of 2745.96 (17/03/08). Thereafter, FTSE STI changed the whole market’s sentiment from bearish to bullish. Where, Wave-123 pattern had been changed to Corrective Wave-ABC. Ivan will show you few past money making examples and suggest few stocks which could generate $$$ for you in near future.
From his study and observation, Ivan has developed a trading strategy and then applied on few individual stocks that have similar pattern and traded very profitably. Of course, his Club members too, have learnt the same trading methodology and made some money. Now, Ivan is very eagerly to share with TASS members
21 April 2010, Wed - by Clement Wong,