Advanced Technical Analysis (2 Sessions& a Workshop – 2 hrs each)

Charting Scales
Comparing linear and log scaling on charts – what they show and when to use them

Candlestick Charts
- The unique advantages of candlestick charting
- An overview of the 40 most popular patterns and their signals
- Some lesser known but effective patterns and how to trade them
- Developing a trading strategy by applying stochastic studies to candlestick charts

Point and Figure Charting
This often overlooked charting technique has much to offer in generating clear and unambiguous trading signals. Point and figure charts are more sophisticated in their construction than either bar or candlestick and skill is required in optimizing the chart settings to the market being traded. This section presents the most effective applications of the point and figure technique.

Chart Patterns
The most effective continuation and reversal patterns and how to identify and trade them: head-and-shoulders, double tops and bottoms and consolidation areas.

Trading Volume
- Volume theory
- The On Balance Volume (OBV) indicator
- Chaikin’s oscillator

Moving Averages Techniques
- Choosing ideal period settings for moving average lines across different markets
- Optimization
- Advanced rule-based trading methods such as the Turtle system

Fibonacci Ratios
- Fibonacci and market psychology
- Practical applications: retracements, targets and time.

Trend Lines
- Drawing them correctly
- Targets and false breaks
- Exit methods

Advanced indicators
- Moving Average Convergence-Divergence
- Wilder’s Relative Strength Index
- Stochastics
- Directional Movement Index

Long-term Trend Analysis
- Identifying a trend and assessing its strength
- Indicators that measure if the market is trending or non-trending
- Measuring if the trend is close to exhaustion using volume data and histograms
- Market breadth indicators - how broadly based is a market rally?
- Advance/Decline analysis techniques