The aims of this course are for participants to become familiar with the concepts behind Technical Analysis and how to use charts to interpret financial markets. It gives a practical background and understanding of the various technical analysis methods and how to utilise this knowledge to effectively analyse the structure of the markets.
Philosophy and rationale behind Technical Analysis. Why the majority of market participants use technical analysis every day.
Simple charting construction – bar charts, candlesticks, line charts, point and figure.
Concept of trend: continuation patterns, trendlines.
Mean reversion: range trading, RSIs, oscillators.
Identifying chart patterns, moving averages and the importance of timeframes.
Introduction to money management principles
Exercise: Participants analyse markets using charts and present their recommended trading strategy.
Feedback is given regarding risk reward opportunity and use of money management principles.
Traders at banks and investment houses
Anyone interested in trading and investing