This is the only Foundation Technical Analysis program in India done on One to One basis (i.e. private training basis). And I am sure you are aware of the benefits of private training over a group/ classroom program. This training can be done online or offline as per your requirement.
Who should do this Program?
Any person interested in trading stock market, commodity market and forex market. No financial or stock market background needed
Contents:
Introduction:
- Philosophy and Rational of Technical Analysis
- Technical Analysis V/s Fundamental Analysis
- Flexibility and Adaptability of Technical Analysis
Peak & Trough Analysis/ Trend Analysis
- Understanding the power of bulls & Bears in 5 seconds flat
- Concept of Trend and taking trade with trend analysis
- 3 Directions of Trend
- 3 Classifications of Trend
Dow Theory
- Introduction
- Tenets of Dow Theory
Candle Stick Charting
- Candle stick Patterns
- Reversals & Continuation
Chart Construction
- Types of Charts: Line, Bar, Candle stick & Point & Figure
- Degree of Charts
- Position of Indicators & Oscillators
General Concepts
- Support & Resistance / Demand & Supply
- Consolidation
- Retracement/ Reversal/ Projection/ Expansion
- Gaps: Breakaway, Running, Measuring & Exhaustion
- Island Reversal
Technical Tools
- Trend line: Types & Application
- Trend Channels
- % Retracement, % Expansions
Mathematical Trading
- Pivot Trading
Major Reversal Patterns
- Preliminary Points to consider for Every Pattern
- Head & Shoulder/ Reverse Head & Shoulder
- Triple Tops/ Bottoms, Double Tops/ Bottoms
- Saucers & Spikes
- "V" Reversals
Mathematical Trading
- Pivot Trading
Major Continuation Patterns
- Triangles: Symmetrical, Ascending & Descending
- The Broadening Formation
- Flags & Pennants
- Wedge Formation
- Rectangle Formation
- Continuation Head & Shoulder
Volume & Open Interest
- Volume & Open Interest as Secondary Indicators
- Rules for Interpreting Volume & Open Interest
Moving Averages
- A Smoothing device with Time lag
- Simple Moving Average, Weighted Moving Average, Exponential Moving Average
- Use of Moving Average
- How to use 2 Averages for Generating Signals
Oscillators/ Contrary Opinions
- Interpretation of Oscillators/ Types of Oscillators
- 3 Most Important Uses of Oscillators: Overbought/Oversold, Divergence, Crossing the Zero Point
- RSI, Stochastics, MACD
Elliott Wave Theory
- Basic Tenets of Elliott Wave Theory
- Impulse Waves
- Corrective Waves:: Zigzags, Flats, Triangles
- Rules of Alternation
- Channeling techniques