FREE Online Classes with Toni Hansen

Beginning in December, I will begin holding FREE hour-long online trading and investing classes on the 1st and 3rd Thursday of each month at 4:15 ET. The chatroom is text only, so you can easily save the log for future reference.

I will kick off my class series with a two month study of support and resistance. Support and resistance levels are key areas of price development where directional move in a security is likely to react, either by stalling for awhile, reversing, or even breaking out. In this series I will explore some of the most influential forms of support and resistance, delving into how to weigh one level against another for a better understanding of which levels will lead to the greatest reactions in terms of price.

It is quite simple to look at a chart after the fact and say, “Yes! That is why XYZ stalled at that level or reversed at that price.” How to do so in advance is quite another issue altogether. My goal is to help you improve your own abilities so that you may apply that knowledge to FUTURE price moves.


December 6, 2007 4:15 ET
Utilizing Support and Resistance Levels – Part 1
Applying basic price levels to identify support and resistance levels.

December 20, 2007 4:15 ET
Utilizing Support and Resistance Levels – Part 2
Applying trend lines and channel analysis to identify support and resistance levels.

January 3, 2007 4:15 ET
Utilizing Support and Resistance Levels – Part 3
Applying moving averages for identifying support and resistance levels.

January 17, 2007 4:15 ET
Utilizing Support and Resistance Levels – Part 4
Applying Fibonacci levels to identify support and resistance levels (focus on EMini trading).


Accessing the online class:
There are two popular ways to access my online trading room. They are listed below:


IceChat:
This is a free IRC chat platform.

1) Go to icechat.net
2) Go to downloads on right side menu
3) Install IceChat 7
4) When IceChat is loaded and pops up on right side then click favorite servers. At the bottom click "add new" then add "othernet.org"
5) Once connected to server, then on right side bottom click "favorite channels”. On the bottom click "add”. Then add "mainstreet#". Then click "join".

It takes a couple of minutes for the chat room to come up after you join, but then you should see in dialog box welcome and info. During this process you will be prompted to give screen name and sign off message, so input what you would like to appear.


mIRC:
mIRC is an IRC chat platform which is free for 30 days, but then requires a one-time registration fee. You can access the room via mIRC by following the instructions at http://www.tradingfrommainstreet.com/roomsetup.html


While the classes provided online are going to be a huge step in the right direction, if you would wish to learn more of the intricacies of price development and market timing, my in depth online trading course at http://www.swingtrader.net with about 10 hours of audio/video instruction and over 400 pages of text is going to be one of the best investments I can recommend to further your career.


Have a wonderful day and I'll see you in class!
All my best,
Toni Hansen