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So you have downloaded the latest version of the HUBBInvestor software – the #1 free charting tool for traders and investors around the world. The next step is to start making money.
But, as existing traders will be aware, trading is a skill that requires a great deal of practice and preparation. Before putting your hard-earned cash on the line, it is important to learn as much as possible about the markets and about yourself as a trader. Putting in the time to absorb as much education as possible will pay dividends today and in the future.
As a HUBBInvestor user, you are in a unique position to take advantage of our FREE trading webinar, that will not only show you how to use your HUBBInvestor software more effectively, but will also introduce you to key trading strategies such as Elliott Wave analysis, as well as finding example trades in a live environment.
In a recent session of the Elliott Wave Webinar we looked to the Elliott Wave pre-computed scans in the ProfitSource software. We cross-referenced this in HUBBInvestor and were alerted to a potential Wave 4 Buy trade on Iluka Resources (ILU). Take a look at the chart below:
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You will notice a few key technical indicators coming into alignment. First, the EBOT (Elliott Wave Break-Out Trigger) has signaled a change in trend. The Oscillator is pulling back to around zero and the MACD indicator is converging to a cross, indicating a potential trade entry point.
In this particular Elliott Wave Webinar session we saved this chart to a watch-list (which you can do in HUBBInvestor) and revisited the trade a week later. The results were impressive, to say the least!
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The point is that we see these trades all the time and basic technical analysis goes a long way to identifying them. The profits from this particular example alone would bolster any trading account balance!
Remember, successful trading requires two key ingredients - education and the right tools. With this in mind, learn how to get more out of your trading and HUBBInvestor software by registering today for our next FREE Elliott Wave Webinar!
Stay Ahead Of The Game,
Lachlan McPherson
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