Technical Analysis - A practical approach for trade entry

Technical Analysis is a vital tool to assist in proper trade entry. A great entry increases your chances of success.
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Instructed by Hari Swaminathan Business / Finance
$60
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  • Lectures 15
  • Contents Video: 2 hours
  • Skill Level Expert Level
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 2/2013 English

Course Description


MASTER TECHNICAL ANALYSIS

Technical analysis has become extensive in recent years. We study the psychology of technical analysis and why they work 60 to 70% of the time. 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 why there are 4 or 5 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.

 

What you will master

 

  • What is Technical Analysis and why is crowd psychology an important factor in markets
  • Why does technical analysis work only 60 to 70% of the time
  • Why are Price indicators called "lagging" indicators
  • What are potential "leading" indicators
  • A study of Moving averages and which ones are helpful
  • What are the best indicators for short, medium and long term trends
  • Why do we need a "confluence" of indicators to make a decision
  • Why the Bollinger Bands are a cool indicator
  • Adjusting technical indicators to match your trading timeframe
  • Why technical analysis "works until it doesn't"

 

SECTION 1

Lecture I -  What is Technical Analysis

Technical analysis is primarily a study of Crowd psychology and crowd behavior. If a certain number of people act in unison at a certain time, and other people can observe this group of people taking a certain action, then they are motivated to join in. And it becomes a self-fulfilling prophecy. Technical analysis is a very powerful force in the markets, but it has limitations. This Introductory lecture explains these details.

 

Lecture 2 - Crowd psychology and Crowd behavior

What is crowd psychology and why does it matter ? In this lecture, we study the S&P 500 Index over the last 20 years, and also observe a certain technical pattern that is currently playing out textbook-style. How could this pattern impact the markets this year ? 

 

Lecture 3 -  Limitations of Technical Analysis

What are the limitations of Technical analysis - when does it work, and when does it not work. Knowing when it does not work is as important as knowing when it works.

 

SECTION 2

Section 2 is a detailed discussion of all the types of Technical analysis indicators. You have various kinds - Price Indicators, Momentum indicators, Statistical and Volatility indicators, Support and Resistance, Volume indicators and Oscillators. Each of these indicator types are broken down in detail as well as insightful tips on their usage and interpretation.

 

SECTION 3

Section 3 is a complete case study set of 5 stocks - 

1) Apple (AAPL) - 1 Year Chart. And how AAPL gave 3 points of entry for the perfect Bearish trade.

2) Priceline (PCLN) - No clear long-term signals, but a short term bearish trade could be played out.

3) Chipotle Mexican Grill (CMG) - an absolutely amazing Statistical indicator gives away the perfect "Long" signal

4) The Gold ETF GLD - Hidden inside a very bearish chart is the potential for a reversal trade

5) And on the Google (GOOG) charts, we can study the battle between the Bulls and Bears at a recent breach of Google's all-time high.

 

Applying correct Technical Analysis techniques can set you with a fantastic trade entry. If you get your trade entry correctly, you have just increased your chances of a profitable trade a whole lot. 

 

This course will be bundled with "Volume Analysis". You can pick up both of these courses together for a savings of 15%.



What are the requirements?

  • Basic understanding of markets and trading

What am I going to get from this course?

  • Master Technical analysis and learn to time your trade entry as accurately as possible
  • Create a reliable set of indicators to guide you with trade entry
  • Learn all about Price indicators, Momentum indicators, Oscillators, Support and Resistance, Volatility indicators and Volume indicators
  • Practical examples of using Technical analysis for high probability trades
  • 5 cutting edge Case studies of Technical analysis in action

What is the target audience?

  • If you want to be an expert in Chart reading skills
  • If you trade anything in the markets - Stocks, Futures, ETFs, Currencies, Gold

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

Curriculum

Section 1: Introduction to Technical Analysis
14:28
Technical analysis is primarily a study of Crowd psychology and crowd behavior. If a certain number of people act in unison at a certain time, and other people can observe this group of people taking a certain action, then they are motivated to join in. And it becomes a self-fulfilling prophecy. Technical analysis is a very powerful force in the markets, but it has limitations. This Introductory lecture explains these details.
10:10
What is crowd psychology and why does it matter ? In this lecture, we study the S&P 500 Index over the last 20 years, and also observe a certain technical pattern that is currently playing out textbook-style. How could this pattern impact the markets this year ? 
06:00
What are the limitations of Technical analysis - when does it work, and when does it not work. Knowing when it does not waork is as important as knowing when it works.
Section 2: Technical Analysis indicators
09:11
Moving averages are the most popular indicators based on price. we study the construction of helpful moving averages and crossovers for different timeframes.
04:45
Support and Resistance some of the most watched points in a stock's history. This is because what happened in the past at certain points are "facts" recorded permanently into the stock's history. In many ways, these are better than indicators because of its factual characteristics.
05:37
The MACD is a widely used indicator that shows momentum behind a certain move. 
05:11
The RSI is a widely used indicator - It tells you when a stock is at "overbought" or "oversold" conditions. This kind of an indicator is called an oscillator.
08:20
Bollinger Bands are very powerful indicators. They tell you when a stock is likely to make a "reversal" trade because it has travelled too far too quickly. This is a statistical indicator but can be very reliable and very powerful.
09:03
This lecture briefly looks at Volume analysis, which is covered in another course. It also covers the ideal chart setup with the ideal set of indicators.
Section 3: Chart Analysis
07:09
A case study of Apple's Chart over the past year. We can see confluence coming in from 3 different indicators, at different times. In total, there were 3 opportunities to enter a bearish trade, all of which would have been very profitable.
05:11
A case study of Priceline's charts for the last few months. The analysis reveals a potential short-term bearish trade
03:29
Studying the CMG 6 months chart, we see an extreme reading on the chart. Anybody watching this would have taken a brilliant trade.
03:00
The chart on GLD looks very bearish. But on closer examination, this could have a potential for a nice bullish run.
07:04
GOOG recently won a battle with its all time high. The battle waged on for 4 or 5 months. This chart studies energy levels that a stock must attain to break down a significant barrier like an all-time high.
06:42
This is a concluding lecture, and we recap everything we learned in this course.
Technical Analysis Quiz
7 questions

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Instructor Biography

Hari Swaminathan, Options and Financial markets expert, Trader and Investor

Knowledge. Strategy. Execution.

Hari Swaminathan is the founder of OptionTiger, a cutting-edge Options education and trading company based in Washington D.C.. Hari is an entrepreneur, everyday person and a self-taught Options expert for over 8 years. Hari has a Bachelors degree in Engineering from India, and MBA degrees from Columbia University in NYC and London Business School in the U.K

More than ever, its become important for everyday people to take control of their financial situation, and create additional income in a smart, risk-controlled manner. This is precisely my mission. Through knowledge, education and investment discipline. Options are powerful, but they have a learning curve. I've broken down all the complexities of Options in simple language that everyone can understand. The courseware uses real trade examples, always highlighting the pluses and minuses of every investment situation. Options provide the best way to take advantage of bull cycles, bear cycles and everything in between.

As someone that has self-learnt Options and through making mistakes, I can tell you Options trading is not something you should take lightly. You will hear people talking of fantastic triple and quadruple digit returns. I'm here to be brutally honest with you - 

- Be very very careful in the first 12 months of Options trading. 

- This is when everyone is the most vulnerable to losing money. 

- Your main objective during this time is to focus on learning this craft and not lose money during this time. 

Having said that, if you can get past the first 12 months and acquire the expertise in a systematic manner, true financial independence awaits. Options are a mathematical and strategic game much like Chess, and no amount of technological advances can make this skill obsolete, because the fundamentals of Options are never going to change. 

You can trade Options from anywhere in the world, regardless of how old you are. You never have to worry about job security any more because you have a skill that can produce consistent wealth month after month. 

But you have some serious but exciting work to do before you can get there, and I'm here to help you in this journey. 

Watch my Free Course for Options Trading Beginners where I draw out a detailed roadmap of what this 12-month journey looks like, and the specific strategies you should master during each step of this learning process. 

Watch my Free Mini-courses or my YouTube channel , all of which have the highest quality of education material. 

And join me in my UDemy courses, where I share cutting-edge theoretical knowledge mixed with practical insights, strategy and impeccable execution through live trading examples. 

If you have any questions at any time, please feel free to message me on Udemy.

The order to follow on my Udemy courses

Comprehensive guide to Financial Markets, Investing and Trading

Options Trading Beginners Bundle (3-course Bundle)

Advanced Options Concepts

Options spreads and credit spreads Bundle

Technical analysis and Chart reading Bundle

After this, the order does not matter. You can take any of the courses as per your interest.

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