Now updated with the special trading pattern we used to predict the current rally in Gold prices as early as December of 2015!!!
Technical Analysis for Investors & Traders is meant to introduce you to the world of technical analysis by using latest real life examples and fast track you to apply these techniques for trading or investing in financial markets.
This course would introduce you to various concepts including different types of charts, gap analysis, support & resistance, trend lines & trend channels, technical indicators like Bollinger Bands, Stochastic Oscillators, candlesticks patterns etc.What is more we will also be sharing with you details of our favorite trading pattern for all time frames that can be useful in trading any asset class!
Not only will you be introduced to various concepts in detail, but you would also be shown examples on how these techniques were applied very recently in financial markets in order to make trading / investing decisions. You will be very surprised to see how sometimes very simple techniques can yield very powerful results.
The course is divided in to 8 Modules with a total of 33 videos. In general for each lecture concepts are introduced, guidelines on particular concepts are elaborated and application of concepts is illustrated using recent examples from financial markets. This is done so that you benefit from the instructor's experience in applying these concepts for trading in financial markets. Since most of the examples selected for these course are from the actual trades in the market, you can be reliably sure that these concepts work and can be used for actual trading.
We recommend that once you learn a concept, you take some time out on your own to sit down and apply these concepts to historical charts of some stocks. This way you will be able to internalize the concepts and can use it in real time trading or investing.
Note: If you have already enrolled in my Stock Market for Beginners Course, you need not enroll in this course as the content of this course is covered there as well.
In this lecture we cover the four basic principles and assumptions behind technical analysis :
In this lecture we provide a comparison between Technical Analysis and Fundamental Analysis. We also address common accusations against technical analysis (as leveled by fundamental analysis), and present our perspective on the technical v/s fundamental debate.
The building block for technical analysis of any security or asset class is charts. Charts are of different kinds namely:
In this lecture we introduce you to line charts and bar charts
The most popular among different types of charts is the candlestick charts. In this lecture we introduce you to candlestick charts which would be used through most of our other lectures.
In this lecture we deal with three important considerations with respect to charting namely:
In this lecture we introduce the concept of gap and explain what is meant by the phrase "closing the gap". We also debunk a common myth that all gaps must be closed.
In this lecture we cover 3 types of gap which are of no significance as they do not have any forecasting value
In this lecture we cover four types of gap that are of significance:
In this lecture we cover the concept of support and resistance. We also explain the psychology behind why some price points act as support or resistance. We also elaborate the criteria that determine the strength of support or resistance.
In this lecture we elaborate a real life example of a price level that acted as an important support level more than one year after its creation. We also emphasize the importance of tracking support and resistance levels created on outcome of events of high historical significance as they can provide guidance in an otherwise confusing environment, and turn out to be important reversal points.
In this lecture we elaborate on important considerations with respect to support and resistance:
In this lecture we introduce the concept of trend. We also illustrate how to draw a trend line. A trend line may be an upward sloping trendline indicating that the trend is up. Or it may be a downward sloping trend line thus indicating that the trend is down.
In this lecture we discuss the 3 tests that can be use to determine the authority of trendlines:
We also explain how we can determine if the trendline has been "broken" by using the extent of penetration and volume of trading
In this lecture we cover situations where we may or may not need to ammend a trend line.
In this lecture we deal with trend channels, specifically we elaborate the concept of return line or reversal line which along with a parallel trend line may form a trend channel.
In this lecture we define Price based Technical Indicators
In this lecture we cover 3 types of moving averages namely:
We also explain how moving averages can:
In this lecture we introduce the technical indicator Bollinger Bands. We also elaborate how we can use bollinger bands to trade in volatile as well as non-trending markets.
In this lecture we introduce oscillators and elaborate on the purpose of using oscillators
In this lecture we elaborate on momentum oscillator, which is also known as rate of change oscillator. We also explain the concept of divergence between oscillator and price and share a very recent example where using this oscillator could have helped in identifying important reversal points.
In this lecture we explain the calculation and use of RSI or Relative Strength Index. We illustrate via example the various ways we can use the RSI technical indicator.
In this lecture we explain the calculation and underlying logic behind stochastic oscillator. Then we share a recent example of using stochastic oscillator to determine important intermediate reversal points.
In this lecture we explain MACD or the Moving Average Convergence Divergence Indicator. We also illustrate by using an example how divergence between price and MACD can act as an early indicator for impending reversal.
In this lecture we cover the basic candlestick patterns like Spinning Tops and Dojis like the long legged doji, gravestone doji and the dragonfly doji
In this lecture we cover important candlesticks reversal patterns including bullish engulfing and bearish engulfing patterns, dark cloud cover pattern, piercing line pattern, evening star and morning star patterns.
In this lecture we cover important candlesticks continuation patterns including rising and falling threes pattern and three white soldiers pattern.
Indian Insight is niche stock advisory and education firm with focus on providing education and stock advisory services for retail investors. Founded by people with impeccable pedigree and extensive experience in trading Indian and International financial markets, Risk Consulting, and Banking. We and our industry consultants have worked for top notch Swiss/ U.S./ U.K. based investment banks and consulting firms.