Conquering Technical Analysis for CFD & Forex (4 week course) Class 4 - Popular Technical Analysis Trading Strategies

Technical analysis is the study of market action primarily through the use of charts for the purpose of forecasting future price trends. Forex traders can develop strategies based on various technical analysis tools including market trend, volume, range, support and resistance levels, chart patterns and indicators, as well as conduct a Multiple Time Frame Analysis using different time-frame charts.

Technical analysis strategy is a crucial method of evaluating assets based on the analysis and statistics of past market action, such as past prices and past volume. The main goal of technical analysts is not the measuring of asset’s underlying value, they attempt to use charts or other tools of technical analysis to determine patterns that will help to forecast future market activity. Their firm belief is that the future performance of markets can be indicated by the historical performance.

This course has been developed for both newbies and experienced traders. You can attend all the classes to build a solid foundation or pick the classes that fits your knowledge base.

1)      Understanding Charts and chart patterns
a.      Using Java and HTML charts
b.      Understanding Bar and Japanese Candlesticks charts
c.      Recognizing chart patterns such as triangles, head and shoulders and flags

2)      Support and Resistance along trend indicators
a.      Support and Resistance Lines
b.      Gann Fans
c.      Trend lines
d.      Fibonacci – Trend Bases

3)      Adding indicators and oscillators to your trading plan
a.      MACD
b.      RSI
c.      Stochastics
d.      Volume
e.      Moving Averages
f.       Bollinger Bands

4)      Popular Technical Analysis Trading Strategies
a.      Momentum Trading
b.      Market Flow and Fractals
c.      Hedging
d.      Basket Trading
e.      Spread Trading

Barry Norman
The Director of Investors Trading Academy as well as a published author and educator. Barry brings with him over 35 years of financial market knowledge and experience. He holds an MBA in Finance and Economics from UCLA and an undergraduate degree in Economics from the University of Maryland. Barry was award the title of “Best Education in Europe” by Global Banking & Finance. Barry is also a presenter for the MoneyShow and many well-known news sources.