Technical analysis is the study of price. This means we are studying historical data to anticipate future outcomes. For this to be possible it there must exist some predictive data in past price action. If it was entirely random, price data would contain no clues about potential future activity. This video will solidly introduce you to the exciting field of financial technical analysis!
Category: Forex Technical Analysis videos
The courses in this section will cover technical analysis as a whole, in small digestible and easy to understand installments.
Some subjects will span over multiple parts, however, each part will be its own universe of knowledge, that you may use to expand your technical analysis knowledge base.
Traders tend to be categorised as being either purely technical or entirely fundamental in their approach. The reality is that most traders apply a combination of the two techniques. On the second part of this session we will cover the 4 most important tenets of Technical Analysis. Find out what they are!
Understanding why, when and how price trends are formed and develop is essential in every solid technical analysis. We take you a bit further into the main tenets of price by explaining you topics such as: the market discounts everything, major trends have 3 phases and volume must confirm the trend.
You might have heard the saying that the trend is your friend. But why? The anser requires understanding the anatomy of a price cycle, i.e. how trends develop and how risk is accounted in every phase. Finally this session will cover trendlines, moving averages and other useful tools.
The Japanese candlestick approach is a methodology of recording prices developed in the rice markets in Japan in the 1700’s. It is a process that highlights the area between the open and the close, known as the body. This session will take you deeper into the understanding of candlestick formations and patterns, how they stablish the relationship between demand and supply, their pros and cons and how they can become essential components of your own methodology.
We cover the main candlestick formations, and their relation to chart patterns. In addition, we take you deep into the analysis of key price levels such as support and resistance, and how these are basic components of risk management.
In the first workshop session of the Technical Analysis saga we will incorporate everything learned so far into a solid trading plan with lots of real case examples.
We finish this workshop by providing you with robust skills to read market conditions while putting everything into context.
Chart patterns (also “price patterns”) serve as a good proxy of behaviour and changes in market sentiment. Thus, patterns help us assess the degree of fear and greed, volatility and complacency among market participants; while discounting future outcomes that lead to trends. This session will explain you the hardcore of price patterns!
In the second part of this session we move on and cover the most relevant types of patterns, either reversal or continuation, bullish or bearish, such as the Head and Shoulders, Double Tops and Bottoms, Flags, Pennants, Triangles and Wedges, etc.
This session will explain you everything you need to know about moving averages, including slopes, lags, multiplicities, etc. You will also learn how to to combine them efficiently with other indicators, as well as to successfully incorporate them into your own trading methodology
In this video we will take you to the overbought and oversold price territories; while focusing on the different types of divergences there are, trendlines and patterns, etc.
This session will help you master the most lucrative phase of a price cycle: trends! You will be able to anticipate the formation and development of a price trend; while developing a thorough understanding of all the underlying forces of a trend, and their impact!
We will explain you two essential aspects of trend trading: timing and momentum. You will learn how to professionally administrate your positions while keepting risk tightly under control. All this through real case studies that will show you a vivid application of the theory.
In this workshop session we incorporate technical analysis into a solid trading plan: patterns, trends, momentum and moving averages, etc.!
In the second part of this workshop session we put into practice all the skills learned so far to read market conditions.
In the first part of this session we take you deeper into the different types of analysis methodologies there are. You will also find it interesting how professional traders build up their solid and unique approach!
This second part is all about sentiment: what it is, how to measure it, ways to apply it, its real impact, its connection to the relational and other analytical approaches, etc.
We start this session with one of the most popular tools among market technicians: Fibonacci. You will learn about applications such as Fibonacci retracements, price and time projections, fans and arcs, etc.
Elliot Wave Principle is one of those techniques that awakens either unconditional passion or undescribable hatred among market analysts. We take a neutral approach to Elliot, and explain you the foundations of wave counting: its structure, impulse and corrective phases, alternative approaches, etc.
Although price expansion (i.e., trend) is the most lucrative phase of a price cycle, in reality, it is ranges what truly makes the difference between successful and unsuccessful trading, mainly due to the fact that markets consolidate over 70% of the time! We will explain you how to anticipate and manage ranging conditions, and of course, to position yourself for moment that price breakouts!
The second part of this session is all about mastering order flows and price confirmation; this will mainly help you prevent (or control) possible false entries, commonly known as price traps!
In the final workshop session of this Technical Analysis Course, we put everything learned so far into context around two main aspects of markets: directional bias and position administration within the confines of price cycle.
At this point, assuming that you have carefully watched all sessions, all you need is a bit of experience to perform a truly professional charting masterpiece! Now you are ready to climb a step higher, which is the Professional Trading Course!
In this very special bonus delivery we will help you dive into the complexity of (volatility) Seasonality. You will learn the foundations of Gann and Gartley; in preparation of some of our more advanced courses!
You will be provided with solid foundations on another advanced topic: (speculative) positioning. We will explain you how the masses behave within the context of imperfect markets, and how institutional players use that to print liquidity while maximizing profit at the expense of retail investors.