Comprehensive Knowledge on Technical Analysis
This Course Covers: CANDLE CHARTS, PATTERN STUDY, MAJOR INDICATORS & OSCILLATORS, TRADING STRATEGIES,
TRADING PSYCHOLOGY AND RISK MANAGEMENT.
Description
INTRODUCTION TO TECHNICAL ANALYSIS
• What is technical analysis?
• Price discounts everything
• Price movements are not totally random
• Technical Analysis: the basic assumption
• Strengths and weakness of technical analysis
• Importance of technical analysis
• Weaknesses of technical analysis
CANDLE CHARTS
The charts
Candlestick analysis
One candle pattern
• Hammer
• Hanging man
• Shooting star and inverted hammer
• Marabozu
• Single side Marabozu
Two candle pattern
• Bullish engulfing
• Bearish engulfing
• Piercing Candle
• Bearish harami
• Bullish harami
• Bull Sash
• Bear Sash
Three candle pattern
• Evening star
• Morning star
• Doji
• Three White Solders
• Three Black Crows
PATTERN STUDY
What are support and resistance lines
Support
Resistance
Why do support and resistance lines occur?
Support and resistance zone
Change of support to resistance and vice versa
Why are support and resistance lines important?
Head and shoulders
• Head and shoulders top reversal
• Inverted head and shoulders
• Head and shoulders bottom
Double top and double bottom
• Double top
• Double bottom
• Rounded top and bottom
MAJOR INDICATORS & OSCILLATORS
• What does a technical indicator offer?
• Why use indicator?
• Tips for using indicators
Types of indicator
• Simple moving average
• Exponential moving average
• Which is better?
• When to use?
• Moving average settings
• Uses of moving average
• Signals – moving average price crossover
• Signals – multiple moving average
Oscillators
• Relative strength index
• What is momentum?
• Applications of RSI
• Overbought and oversold
• Divergence
• Real life problems in use of RSI
Other Oscillators
• Stochastic
• Moving average convergence/divergence(MACD)
• What is the macd and how is it calculate
• MACD benefits and uses of MACD
• Bollinger Bands
• Using multiple indicators for trading signals
• Price sensitive technique
• Volume sensitive techniques
• Composite methods
• How to use tool kit of trading techniques
• Trading market tool kit applications
• Bull market tool kit application
• Bear market tool kit application
• Trading market changing to bull market tool kit application
• Trading market changing to bear market tool kit application
• Bull market changing to trading market tool kit application
• Bear market changing to trading market tool kit application
TRADING STRATEGIES
Day trading
Advantages of day trading
Risks associated with risk day trading
Strategies
Strategies for day trading
Momentum trading strategies
DOW THEORY
Introduction
Principles of Dow Theory
Significance of Dow Theory
Problems with Dow Theory
Fibonacci
• Introduction
• Fibonacci Retracements
• Fibonacci Extensions
TRADING PSYCHOLOGY AND RISK MANAGEMENT
• Introduction
• Risk Management
• Components of risk management
• Stop loss
• Analyze reward risk ratio
• Trail stop loss
• Booking Profit
• Uses of stop loss
• Qualities of successful trader
• Golden rules of traders
• Do’s and don’ts in trading
• Rules to stop losing money
• Choosing the right market to trade
• Importance of discipline in trading
Fees: Rs. 50,000/- + GST (including Practice & Hand Holding)
Duration: 20 Sessions of 1 Hours each
Instructor: Jyoti Budhia, Karan Joshi, Reshma Ravande
About the instructor
6 Courses
6 Students