Technical Trading Mastercourse (Level 1)

Understand the stock market as the venue where people buy and sell securities such as stocks, currencies, and other commodities.

Identify what an index is—a group of securities from different sectors that measures a market’s performance. Observe how a positive index signals market strength and a negative index signals weakness.

Share means part ownership of company, while stock means ownership in multiple companies. Growth stocks are growing; blue chip stocks are firms; value stocks are undervalued; income stocks pay dividends.

Learn two stock buying approaches: fundamental analysis focusing on company fundamentals and financials, and technical analysis emphasizing charts, indicators, and candlestick patterns, with risk management crucial for success.

Explore charts of price movements for stocks, currencies, and commodities, comparing bar, line, point-and-figure, and candlestick types, with candlestick charts given full focus.

Learn to read a candlestick chart by identifying bullish (green) and bearish (red) candles, their open, close, high, and low, and the meaning of upper and lower wicks.

Explore the three trend types—uptrend, downtrend, and sideways market—and learn how pullbacks appear in uptrends and how breakout candles signal breakouts.

Explore single candlestick patterns for intraday trading, focusing on bullish and bearish candles like hammer and shooting star, and identify the few patterns that reliably guide intraday trades.

Explore bullish green candles signaling positive market sentiment, with aggressive buyers opening lower and closing higher, and bearish red candles signaling selling pressure with high and low wicks.

The spinning top candle signals market indecision, with opening and closing prices very close but not equal, similar to a doji, so avoid trading.

Explore hammer and shooting star patterns in intraday trading; enter after a green follow-up in downtrends for hammers, or a red follow-up in uptrends for shooting stars, with defined stops.

Study double candlestick patterns formed by two candles, like engulfing, harami, piercing line, dark cloud cover, homing pigeon, descending hook, and tweezers.

Explain bullish and bearish engulfing patterns on intraday charts, where the second candle fully covers the first, and wait for a confirming green or red follow through candle to enter.

Learn to trade bullish and bearish harami patterns in intraday trading by waiting for a follow-up candle and aiming for a profit twice the loss.

Watch how to trade harami patterns with follow-through confirmations, using bearish candles to time short selling and exits, and recognize a shooting star with a required follow-up for entries.

Learn to spot piercing line and dark cloud cover patterns as intraday bullish and bearish reversals. Wait for a follow-up candle, then enter trades when the pattern is fulfilled.

Identify bullish and bearish tasuki patterns, noting their similarity to piercing line and dark cloud cover. Trade intraday by waiting for a confirming follow-up green or red candle before entering.

Master the homing pigeon and descending hawk patterns, bullish and bearish reversals that can appear anywhere; wait for the follow‑up candle and enter after a confirming green or red candle.

Learn tweezer patterns in intraday trading, including tweezer top and bottom, their relation to harami patterns, how to identify equal highs or lows, wait for a follow-up, and trade systematically.

Explore the triple candlestick pattern of three candles and learn morning and evening star, three inside up and down, outside up and down, white soldiers, and black cross.

Identify the morning star and evening star patterns; note indecision candles and enter on the next candle after a break (high for morning star, low for evening star).

Discover three inside up and three inside down patterns by pairing bullish harami with a green follow-up candle or bearish harami with a bearish follow-up, and enter on confirmation.

Learn to trade three outside up and three outside down patterns by recognizing bullish and bearish engulfing setups and using a follow-up candle to enter.

Explore three white soldiers and three black crows as bullish and bearish continuation patterns, defined by three consecutive candles and entry on the fourth, with stop-loss and breakout rules.

Identify the three stars in the south pattern, a bullish reversal of three red candles with the third inside the first; enter on breakout for intraday trades.

Discover how support and resistance define price bounces, create trading ranges, and mark demand and supply zones for intraday strategies.

Learn what technical indicators are and how they measure current market conditions and forecast trends for intraday trading, with RSI, MACD, VWAP, and volume.

Learn RSI, a leading momentum indicator that marks overbought and oversold levels with 70/30 thresholds; avoid intraday use due to false signals, and apply basic RSI concepts to swing trading.

Stochastic indicator is a tool with a 14-day period, marking 80/20 overbought and oversold levels; green and red lines cross to signal buys or sells, avoiding intraday trades.

Explore how the percentage Williams indicator signals overbought and oversold conditions with -20 and -80 lines, as a leading indicator alongside RSI and stochastic, not recommended for intraday trading.

Learn how moving averages guide intraday trading, focusing on the 20-day and 35-day EMAs, price reactions, and entry signals on the next candle.

Explain the macd indicator, its blue macd line, red signal line, and the zero line. Cautions against intraday trading and highlights price action as king.

Master the Bollinger band indicator’s upper, lower, and median lines, trade reversals via follow-up candles, and emphasize combining it with the ADX indicator for reliability.

Learn how the ADX indicator measures trend strength in uptrends, downtrends, and range markets, and how pairing it with Bollinger bands guides intraday buys above 25, and warns near 50.

Trade intraday with the VWAP indicator, the volume weighted average price, and enter on the next candle after VWAP crosses above or below, with 2–5% stop losses and 20-day EMA.

Explore the ergodic indicator, its crossover signals, and why it provides better signals than MACD for longer-term use, while recommending VWAP and EMA 2020 for intraday trading.

Explore chart patterns, including double top, double bottom, head and shoulders, channels, triangles, rectangles, wedges, and flag, and note their intraday and daily reliability, outperforming indicators except VWAP and m20.

Identify and trade double top and double bottom patterns, bearish and bullish, using support and resistance, supply and demand zones, and neckline levels to enter short or long positions.

Learn to draw trend lines in uptrends and downtrends, form channels with a parallel channel line, and trade breakouts using bullish candles, doji or spinning top cautions, on intraday charts.

Explore wedge patterns and channels, their breakout signals, and entry rules: wait for a strong breakout, then enter on the next candle; handle doji and green or red candles.

Explore ascending and descending triangle patterns and the more common symmetrical triangle on intraday charts, then trade breakouts with a strong green candle and a tight stop loss.

Identify the symmetrical triangle where the second top is lower than the first and the second bottom is higher, then wait for a breakout and enter on the next candle.

Identify flag patterns as a pole within a channel; enter on the breakout's next candle with a stop loss.

Explore Fibonacci retracement basics and golden ratios (23.6, 38.2, 50, 61.8), and learn how to plot pullbacks on intraday charts to anticipate possible reversals.