CERTIFICATE IN TECHNICAL ANALYSIS

CERTIFICATE IN TECHNICAL ANALYSIS

Technical Analysis has always been an interesting way to read and understand the price patterns of a traded instrument. No matter you trade equities, commodities or currencies, Technical Analysis is always handy to precise your timing of buying and selling. With sound knowledge of Technical Analysis, you can considerably increase the accuracy and percentage of your profit making trades.
The objective of this course is to equip you with the basics of all the popular Tools & Techniques of Technical Analysis starting with Moving Averages, Trend lines to RSI, Stochastics. You learn to read Japanese Candle Sticks Price Charts and formation of various interesting price patterns like Hammer, Shooting Star etc. The whole purpose of the program is to make you feel confident about your own buying and selling decisions .

What is the broad Coverage in Certificate in Technical Analysis Program?

  • Introduction to technical analysis
    We start with the basics of technical analysis covering the concepts that does price discounts everything, the basic assumptions in technical analysis, importance and weakness of technical analysis.
  • Candle Charts: The Japanese way to predict Prices
    Without the understanding of Candlesticks in Technical analysis one cannot learn the art of predicting the prices. Candlesticks are formed by using open price, high price, low price and the closing price. In this part we will be covering One, two and three candle pattern.
  • Pattern study: The bone of Technical Analysis
    Technical Analysis is about knowing the current trend and predicting the future trend. Patterns are formed when many candlesticks are clubbed together forming a visible pattern. It is imperative to correctly identify a pattern without getting confused. We start by finding the support and resistance and why are they so important in Technical Analysis. Later we move to other popular patterns which include head and shoulders, double top and double bottom, the Gap theory.
  • Major Indicators and Oscillators: The Advanced Technical Analysis
    Indicators in Technical analysis are the part of advanced technical analysis. Indicators when plotted on charts can help in deciding the entry and exit point. Candidates are equipped on what does indicator offer, types of indicators, trend following indicators. Oscillators on the other hand are used to identify the over bought or oversold conditions in the market. Major oscillators include Relative strength index (RSI), Moving average convergence/divergence(MACD).
    Candidates are equipped with using multiple indicators for trading signals, price sensitive techniques, volume sensitive techniques, Composite methods.
  • Dow theory and Elliot wave theory: The Charts make sense
    Dow theory describes the price movements and explain repetitive price patterns on the other hand Elliot wave theory focuses on wave patterns by using wave counts on the charts. In technical analysis it is very important to understand these two theories. Under this part candidates are equipped with the principles of Dow theory its significance and problems with dow theory. The candidates also gain knowledge on fundamental Elliot wave concept and what after Elliot.
  • Trading psychology and Risk Management
    In actual trading it is very important to manage risk and to have right psychology before and during the trader takes the trade. Under this part candidates will be equipped with the tolls that are available to manage risk such as stop loss, risk reward ratio, trail stop loss, golden rules of traders, do’s and don’ts in trading, importance of discipline in trading.
SYLLABUS
  • What is Technical analysis
  • Assumptions of Technical Analysis
  • Advantages of Technical Analysis
  • Limitations of Technical Analysis
  • Dow Theory
  • Types of trend
  • Types of charts
  • Trendiness
  • Support and Resistance
  • Time frame V/s Holding period
  • Doubt session
  • Introduction to Japanese candlestick patterns
  • Different styles of Candles
  • Marubozu Candles
  • Spinning top
  • Doji
  • Dragonfly Doji
  • Hammer/ Inverted hammer
  • Hanging man
  • Shooting star
  • Bullish engulfing/ Bearish Engulfing
  • Bullish Harami/ Bearish Harami
  • Introduction to Chart/Price patterns
  • Double top/ Double bottom
  • Head and Shoulder/ inverted head and shoulder
  • Rounding top/ rounding bottom
  • Doubt session
  • Introduction to Gap theory
  • Types of gaps
  • Roll of volumes
  • Island cluster top reversal
  • Introduction to Technical indicators I
  • Types of Indicators
  • Limitation of Technical Indicator
  • Strategies using moving averages – Simple moving averages/ exponential moving averages
  • Introduction to Stochastic Indicator
  • How to use Stochastic Indicator
  • Doubt session
  • Introduction to Relatives Strength Index
  • How to Use Relative Strength Index and matching it with Moving averages
  • Real life problem using Relative Strength Index
  • Introduction to Moving Average Convergence and Divergence (MACD)
  • Calculation of MACD
  • How to use MACD
  • MACD Histogram
  • Doubt Session
  • Morning Star
  • Evening Star
  • Piercing Line
  • Dark Cloud cover
  • Tweezer Top/ Tweezer Bottom
  • Rising Three Method/Falling three method
  • Flags: best method to use flags
  • Symmetrical Triangle: Types of Triangles, identifying triangles
  • What is Fibonacci series
  • How Fibonacci is used to find support and resistance level of the market
  • Plotting Fibonacci on real time charts
  • Doubt sessions
  • Introduction to Money flow index (MFI)
  • How to use MFI
  • Introduction to On Balance Volume (OBV)
  • Combining MFI with OBV
  • Introduction to Average True Range (ATR)
  • How to use ATR for finding volatility
  • Introduction to Super Trend
  • Introductions to William's % R and how it is similar to stochastic indicator.
  • Introduction to Average DirectionalMovement (ADX)
  • Calculation of ADX Indicator
  • How to use ADX Indicator to avoid false market breakout
  • What is Standard Deviation and how it is calculated
  • Introduction to Bollinger Band
  • How to use Bollinger Band and common misconception about Bollinger Band
  • Introduction to Parabolic Saar
  • How to use parabolic Saar for trailing stop loss
  • Doubt session
  • Introduction to Elliot wave theory
  • Criticism of Elliot wave theory
  • Elliot Wave Rules
  • How to use Elliot Waves in trading

Despite having the knowledge of Technical Analysis many traders are not able to make money in the market.

This session is about the trading psychology, the common mistakes that traders do and how to avoid them.

  • Introduction to volume analysis
  • Use of Volume as confirmation signal
  • Accumulation
  • Distribution
  • Selling Climax
  • Money management
  • Basics of trading setup
  • Day/Intraday Trading
  • Day trading with Volume weighted average price
  • Moving average cross
  • Ichimoku Kinko Hyo
  • Doubt session
Live Online Classes Available : * Contact Support for batch information