The Beatrice Azumah Foundation recently made a significant impact on the lives of over 600 BECE students across three schools in the Ashanti Region. The foundation donated essential educational materials, including mathematical sets, pencils, and pens, to Bomso M.A Basic School, Ayeduase M.A Basic School, and Kotei M.A Basic School. The donation ceremony, held at the PIWC church in Kotei, featured inspiring speeches from esteemed guests. Beatrice Azumah's mother Martha Azumah, who was instrumental in establishing the foundation, encouraged the students to work hard and pursue their dreams. Serwaa Akoto Ampofo, a former SRC General Secretary at KNUST, also delivered a motivational speech, sharing his personal experiences and emphasizing the importance of education. Doctor Bright Ampofo emphasized the importance of personal hygiene and shared valuable life skills with the students. Lawyer Mounique also delivered a motivational speech, encouraging the students to strive for excellence
A trading strategy is a systematic methodology used for buying and selling in the securities markets. A trading strategy is based on predefined rules and criteria used when making trading decisions.
A trading strategy may be simple or complex, and involve considerations such as investment style(e.g., value vs. growth), market cap, technical indicators, fundamental analysis, industry sector, level of portfolio diversification, time horizon or holding period, risk tolerance, leverage, tax considerations, and so on. The key is that a trading strategy be set using objective data and analysis and is adhered to diligently. At the same time, a trading strategy should be periodically re-evaluated and tweaked as market conditions or individual goals change.
1. News trading strategy
A news trading strategy involves trading based on news and market expectations, both before and following news releases. Trading on news announcements can require a skilled mind-set as news can travel very quickly on digital media. Traders will need to assess the news immediately after it’s released and make a quick judgement on how to trade it. Some key considerations include:
Is the news already fully factored into the price of an instrument or only partially priced in?
Does the news match market expectations?
Understanding these differences in market expectations is crucial to success when using a news trading strategy.
2. Swing Trading Strategies
What is swing trading? Swing trading is a method in which traders buy and sell securities with the purpose of holding for several days and, in some cases, weeks. Swing traders, also known as trend-following traders, will often use the daily chart to enter trades that are in line with the overall trend of the market.
Some swing trading strategies only use the technical analysis of a price chart to make trading decisions. However, it is common that swing trading strategies also use fundamental information, or multiple time frame analysis, as more detail is required to help in holding trades for several days or longer.
Swing Trading Strategy Example
One of the more popular trading techniques for swing trading is to use trading indicators. There are many different types of swing trading indicators in the marketplace and they all have pros and cons to them. So what are the best indicators for swing trading? Many swing traders will use the Stochastic Oscillator, MACD or Relative Strength Index (RSI) to identify clues in price continuing a trend or changing direction.
Ultimately, the best indicators for swing trading are going to be the ones you have tested and have learnt to become familiar with. Let's look at an example of a swing trading chart:
Disclaimer: Charts for financial instruments in this article are for illustrative purposes and does not constitute trading advice or a solicitation to buy or sell any financial instrument provided by Admirals (CFDs, ETFs, Shares). Past performance is not necessarily an indication of future performance.
Most swing trading strategy charts have three components:
Daily chart bars, or candles. This means each bar, or candle, represents one day's worth of trading.
A trend filter. In the above example chart, a fifty-period moving average is used as a trend filter and is denoted by the red wavy line moving through the price bars.
An overbought and oversold indicator. In the above example chart, a Stochastic Oscillator is used to identify overbought and oversold conditions and is found at the bottom of the chart.
Since a trading strategy is simply a methodology to help in a trader's decision-making process, a trading strategy can be made using the three components listed above. For example:
Rule 1: When the price is trading above the moving average, only enter long, or buy, trades. When the market is trading below the moving average, only enter short, or sell, trades.
Rule 2: Only enter a long trade if the Stochastic Oscillator is below 20, as this represents the oversold territory. Only enter a short trade if the Stochastic Oscillator is above 80, as this represents the overbought territory.
Using these two basic rules would result in traders identifying entry levels in the gold boxes found in the chart below:
Source: Chart is taken from Admirals MetaTrader 5 platform.
These simple rules can serve as a starting point to help the trader in trading with the trend and timing their entries. Of course, proper swing trading strategies will include additional rules to address specific bar patterns, or support and resistance levels for entry price and stop loss placement, as well as higher timeframe analysis to identify take profit levels - as swing traders aim to hold trades for several days or more.
When using the best indicators for swing trading, it can help to systematise an approach within the overall trading strategy so you're not left wondering what the indicator is actually telling you. Preparation is key to success when trading the markets.
The College of Agriculture and Natural Resources (CaNaRsA) at Kwame Nkrumah University of Science and Technology (KNUST) has launched a groundbreaking initiative to promote academic excellence and student talent. The CaNaRsA Most Beautiful (CMB) pageant, held at Africa Hall in KNUST, brought together seven talented contestants who will compete for the coveted title. Organized by the Women's Commissioner of CaNaRsA, the CMB pageant is a unique approach to promoting academic success and student development. By combining academics, talent, and leadership, the pageant aims to empower students to reach their full potential. The launch event was a resounding success, with sponsors like Odo Ani, Beatrice Azumah Foundation, Kobbygenanews, and SG Mall showing their support. Beatrice Azumah, the Master of Ceremonies, brought her exceptional hosting skills to the table, making the event a memorable one. The contestants, selected from a pool of 10 during the auditions, will compete in various
MY BELOVED school, the University of Science and Technology (U.S.T.) has reverted to its former name, Kwame Nkrumah University. I sincerely think this is a splendid idea to name a great institution after a great man. Streets, airports, squares, etc named after great personalities never die out with time and it is a befitting way of saying thank you to our great men. But in this wise, I think Azumah Nelson is being cheated. Better late than never, so the popular adage goes but wasn't it a "bit too late" to be honoring D.K. Poison, (the 1st Boxer to win a world title) after 23 years, when he wrestled the featherweight crown from Reuben Olivares in September all the same, kudos to SWAG. but our sports authorities and the government of this country must do more for Azumah Nelson. I feel it is high time a major street or even sports complex was built and named after Professor" Azumah has done what no African boxer has ever done. He is the only African boxer to hold a worl
The Beatrice Azumah Foundation recently made a significant impact on the lives of over 600 BECE students across three schools in the Ashanti Region. The foundation donated essential educational materials, including mathematical sets, pencils, and pens, to Bomso M.A Basic School, Ayeduase M.A Basic School, and Kotei M.A Basic School. The donation ceremony, held at the PIWC church in Kotei, featured inspiring speeches from esteemed guests. Beatrice Azumah's mother Martha Azumah, who was instrumental in establishing the foundation, encouraged the students to work hard and pursue their dreams. Serwaa Akoto Ampofo, a former SRC General Secretary at KNUST, also delivered a motivational speech, sharing his personal experiences and emphasizing the importance of education. Doctor Bright Ampofo emphasized the importance of personal hygiene and shared valuable life skills with the students. Lawyer Mounique also delivered a motivational speech, encouraging the students to strive for excellence
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