Fast Track Course Technical Analysis
Course Description
The course aims to equip students with the skills and knowledge required to analyze market trends and make informed trading decisions. Students will learn about the Dow Theory and how it can be used to identify market trends. They will also be introduced to the concept of support and resistance, which helps in determining the levels where the market may change direction.
The course covers trend line systems, which are used to identify and follow trends in the market. Candlestick patterns are also discussed, which help traders to identify potential reversals or continuations in the market. Various chart patterns, such as head and shoulders, triangles, and double tops/bottoms, are also explained.
Fibonacci analysis is used to identify potential levels of support and resistance in the market. Indicators and oscillators, such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), are explained in detail. The course also covers risk management techniques that can help traders to manage their exposure to the market and protect their capital.
What Will You Learn
- Introduction to Technical Analysis
- Dow Theory and Concept of support and resistance
- Various Chart Patterns and Moving Average Systems
- Trend line Systems and Candlestick Patterns
- The Amazing World of Fibonacci
- Indicators, Oscillators & Risk Management
- Technical indicators to optimise trading decision
- Types of Charts
- Case study of the Dow theory
- How it works? What it is? & Why the Technical Analysis need
- Support and resistance in the practice market
- Trend in the Stock
- Introduction to MT5 and CTrader
- Fundamental factors affecting forex market
- Commodities trading examples
- Calculate the value of each PIP for Forex pairs, commodities and Indexes
- News and Data based trading
- Understand how chart patterns reflect the principles of behavioral finance
- Practical usage of the Moving Averages
- How to read the Candlestick patterns?
- Introduction to Fibonacci Price Relationships
- Choosing the swings for analysis
- Fibonacci Trade Setups
- Types of Indicators
- Use of Indicators in the application
- Trading Psychology and Risk Management
- Momentum indicators
- Trend indicators
- Volatility Indicators
- Volume Indicators and many more
- Japanese Candlesticks are a technical analysis tool that traders use to chart and analyze the price movement of securities. We will discuss all important pattern in depth.
- Pin bars
- Inside bars
- Fakey Patterns
- Double Top, Double Bottom
- Head and Shoulders Top Bottom
- Flags and Pennants Pattern
- Triangles, Cup and Handle
- Types of Supply and Demand patterns
- How to draw a supply / demand zone
- Identifying strong supply & demand zones
- The Elliott Wave Theory is a form of technical analysis that looks for recurrent long-term price patterns in a 8- wave sequence related to persistent changes in investor sentiment and psychology.
