
Identify support and resistance as price floors and ceilings to forecast moves and breakouts. Use channel patterns and indicators like RSI and VWAP to guide long or short trades.
Master the RSI to spot oversold and overbought conditions. Use RSI levels around 30 to buy and around 70 to sell across timeframes.
Learn how the simple moving average (SMA) identifies stock direction, using a line as support or resistance and breaks above EMA and SMA with RSI and MACD to guide trades.
Discover level 2 price quotes, including bid and ask and bid-ask spread, and place limit orders to time trades. Use RSI and MACD with QQQ to gauge trade direction.
Learn to use the volume weighted average price (vwap) to identify trends above or below the middle vwap, spot bounces, and set stops for long or short trades.
Learn how macd indicator uses green and red bars to show momentum and direction, with bar length signaling strength or reversals, alongside the rsi to guide buy or sell decisions.
Learn to read the Hull moving average as a directional trend indicator, using Hull color and thickness with RSI and MACD to confirm momentum and direction.
As a continued thank you when you purchase our PART 2 course content, you only pay for what is currently in the PART 2 library at that time. Anything we add to the PART 2 library after you purchase is free to you as you purchased lifetime access to CURRENT and FUTURE PART 2 content.
The purpose of this course is to provide knowledge, comprehension and application training on Think or Swim trading platform to accurately complete the objectives as stated below.
Define the "Drawings, Indicators and Patterns" needed to Day Trading, Swing Trading or Invest.
Describe the use and importance of the analysis from "Drawings, Indicators and Patterns" to identify market direction and determine your trading plan.
Identify from the analysis of "Drawings, Indicators and Patterns" Day Trade, Swing Trade or Investing opportunities.
Demonstrate the analysis process to use "Drawings, Indicators and Patterns" to identify market direction and determine your TREESS trading plan that you are comfortable with and best fits for your acceptable risk reward ratio.
After completing this course, you will have analysis skills to use various "Drawings, Indicators and Patterns" regardless if you are a trader or an investor to analyze opportunities for trades. You will also have the analysis skills to know what the "Drawings, Indicators, and Patterns" are you telling you in regards to which direction to trade, either long (buy and sell later at a higher price) or Short (borrow shares at a price from your broker, buy them back at a lower/cheaper price to return those borrowed shares back to your broker, and keep the difference as profit). depending on your trading plan and your intent. More importantly, you will know from the "Analyze Using Drawings, Indicators and Patterns" course content what the common buy and sell points are on the "Drawings, Indicators and Patterns" that institutional and other traders use to determine their entry and exits. This is critical as the "Trend is your friend" and you don't want to go long in a bear (trending downward) market and you don't want to short in a bull (trending upward) market.