Technical Analysis tools for Stocks and Options trading
4.0 (173 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
3,952 students enrolled

Technical Analysis tools for Stocks and Options trading

In-depth look at various technical analysis tools used in Stock trading and/or Options trading to give traders an edge.
4.0 (173 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
3,952 students enrolled
Created by Hari Swaminathan
Last updated 12/2019
English
English [Auto]
Price: $49.99
30-Day Money-Back Guarantee
This course includes
  • 1.5 hours on-demand video
  • 3 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • Get sound knowledge on the depth and breadth of Technical analysis tools
  • Beneficial for Stock traders and Options traders
  • Learn to choose the right kind of technical analysis tool for the specific situation
  • Learn the different types of indicators based on Price, Volume, Momentum or Sentiment
Requirements
  • Some basic knowledge of markets and trading stocks or options
Description

Technical analysis has become extensive in recent years. Technical analysis works 60 to 70% of the time, and this is because fundamental events (earnings reports, lawsuits, mergers or acquisitions and many more events) always trump any technical pattern. However, in the absence of fundamental events, which is 60% to 70% of the time, technical analysis works because traders don't have any other information to go by.

There are several categories of technical analysis - Price indicators, Support and Resistance levels, Momentum indicators, Volume indicators, Oscillators and Statistical price movement indicators. This is again an area where the KISS rule applies - Keep It Simple S-----. We cut through all the noise and show you some of the key indicators you should study and that's all you really need to make informed entry and exit decisions. Technical analysis is a self-fulfilling prophecy and gives deep insight into crowd behavior. The more people follow Technical analysis patterns, the more they are likely to take action in some sort of co-ordinated manner.

Hope you enjoy this comprehensive suite of 10 very important Technical analysis tools. You will undoubtedly prefer some over the others, and that's fine. The key is to use the correct type of indicator for the specific situation you're trying to analyze.

The analysis and practical application of these Technical analysis tools are demonstrated on a Live trading platform with several examples. In that regard, this is a very practical guide to understanding Technical analysis tools.


List of Technical analysis tools covered for Stocks and Options trading

  1. Support and Resistance
  2. The MACD Indicator
  3. Oscillators
  4. Understanding Standard Deviation
  5. Bollinger Bands
  6. On Balance Volume
  7. Fibonacci Retracements
  8. Market Strength Indicators
  9. Understanding Volume Profiles
  10. Probability Analysis



Who this course is for:
  • Anyone with an interest in the financial markets for trading or investing
  • Traders interested in learning how to put probability on your side when entering or exiting trades
Course content
Expand 12 lectures 01:41:29
+ The Technical Analysis Toolset course
12 lectures 01:41:29

Support and Resistance are two of the most popular technical indicators. This video studies the psychology of Support and Resistance.

We use the S&P 500 Spyder ETF (SPY) 1 year chart. We identify strong support levels at the 110 level and study the battles being waged at that level. Support points represent battle areas, and even though buyers are expected to come in and buy at those support levels, it does not mean that the stock will go up from that point. It depends on the intensity of the battle that is waged at that level. If you wanted to buy a stock at a support point, you'd wait to see who won the battle - buyers or sellers, because it could go either way. Once the result is decisive, that's when you move in.

Preview 08:47

The MACD is a powerful Momentum indicator to be used best in longer term trades.

Use the MACD to stay in a winning tradeIdeal for swing trades for a few weeks. Learn how to use the best features of the MACD whether you trade Stocks or Options.

The MACD Momentum indicator
08:53

Master the proper application of Oscillator indicators to determine oversold or overbought conditions. Get entries and exit right. Oscillators can be a useful addition to your technical indicator arsenal. In this video, two of the more important Oscillators are analyzed in detail - the RSI and the PercentR.

Oscillators
09:20

Standard Deviation is widely used in the financial markets to study different price movement patterns, especially in the Options markets.

The statistical concept of Standard Deviation is widely used in the stock markets, and follows the principle of the bell curve of a normal distribution. In fact, this concept is applied in various contexts - understanding Volatility, Probability, and estimating ranges for stock price movements. In this video, we cover how standard deviations are represented on a trading platform and what their importance is. Although standard deviation calculations reflect past prices and does not predict future price moves, its always good to have an idea of how a particular stock moves.


Understanding Standard Deviation
09:27

Bollinger Bands are a very popular technical indicator that can signal reversal points. Bollinger Bands are based on Standard deviation parameters.


Bollinger bands are a Technical analysis tool that provides helpful information about stock price movements. Specifically, the bands can be configured to show if a stock has moved past its 2-standard deviation points. The statistical definition of 2 standard deviation moves tells us that such a move outside the bands is likely to happen only 5% of the time. In this video, we show you what a Bollinger band is, how it can be configured, and how to glean insights from Bollinger bands. Specifically, Bollinger bands can provide good signals for trend reversals.

Bollinger Bands
08:04

Also called OBV, this is an important indicator that shows money flows in and out of stocks.


With Volume being such a key (and often under-utilized) parameter in the markets, one indicator stands out for a couple of specific uses - identifying Reversal points in a stock.

The indicator is the On-Balance Volume (OBV). To explain it simply, it tries to measure if money is coming into a stock or going out. It adds the current day's volume to the a running cumulative total if the day was up (which means there was more buying activity). And it subtracts a day's volume from the running total if it was a down day. By doing this, it adds a layer of analysis that combines price and volume in one indicator.

For the most part, the indicator simply confirms the price trend. Where it is most useful is when it shows a divergence from Price.

On Balance Volume indicator
04:52

How to effectively use Fibonacci retracements to give you an edge on trade entries and exits. Fibonacci is not as complex as you thinkUse the most important features of Fibonacci. And learn to apply Fibonacci retracements for maximum profit potential.

Fibonacci Retracements
11:01

Understanding how strong or weak the Market internals are can be crucial to positioning trades aligned with the markets. Study the "breadth" of the market. Position your trades based upon the internal strength of the markets. This Free video gives a roadmap of what to look for when it comes to market internals.

Market Strength indicators
13:19

Volume is one of the most under-utilized indicators. Use the Volume Profile to identify support and resistance clusters. Volume can identify critical zonesIdentify support and resistance clusters. Put higher probability into your trade entries and exits

Understanding Volume Profiles
06:19

This video explores the Probability analysis tools on the Thinkorswim platform. This is especially important for Option sellers. Probability analysis goes to the heart of understanding how the markets work. In the Options market, probability analysis plays a big role if you assume the position of an Options seller. Bear in mind, you are the Insurance company when you're an Options seller, and the business model of insurance companies is deeply rooted in statistical and probability analysis. We take you behind the scenes on the Thinkorswim platform and show you some cool tools on the platform. Even if you're a Stock trader, this analysis will help you think about markets in a mathematical and statistical manner.

Probability Analysis
09:05
Technical Analysis Quiz
3 questions
Bonus Lecture -DON'T MISS !!
07:10