Technical Analysis CORE

Technical Analysis CORE


Technical Analysis CORE

Learn how to determine if the market is bullish or bearish by analyzing other financial markets and sentiment indicators.

Every complex discipline is built on a specific foundation. If you want to be a physician, you need to understand the basics of the musculoskeletal and circulatory systems. If you want to be a musician, you need to understand basic musical theory. If you want to be a successful technical analyst, you need to understand trends. Trends are the backbone of any rigorous technical analysis, and in this step, you will learn how to identify, confirm and utilize trends in every aspect of your trading decisions.

In this course, you will learn:

  • How to understand trends and support and resistance
  • How to identify trends using Dow Theory, Elliott Wave, Technical Indicators and Support and Resistance
  • How to confirm a trend using Inter and Intra-Market analysis and market sentiment indicators

Once you have completed this course and implemented the concepts, you will:

  • Have the confidence to identify trends and areas of support and resistance in a stock chart
  • Identify trends using multiple approaches and confirm those trends with other external indicators

More Information

Difficulty Level:Advanced

Course Syllabus
Technical Analysis CORE

Module 1Understanding Trends
Identifying the trend and then trading with it is one of the most important skills you can learn as a stock trader. You can increase your odds of making money by trading with the trend. This is where the oft-quoted phrase "the trend is your friend" comes from. Conversely, fighting the trend generally turns out to be a losing proposition.
Lesson 1Reading: Understanding Trends 
Lesson 2Video: Understanding Trends 
Lesson 3Quiz: Understanding Trends 
Lesson 4Assignment: Identify Trends in Various Charts 
Module 2Understanding Support and Resistance
After trend identification, the most important skill you need to develop as a technical analyst is your ability to identify levels of support and resistance on your stock charts. Knowing where stocks may turn around and start moving in the opposite direction can be the difference between a so-so trade and a phenomenal one.
Lesson 1Reading: Understanding Support and Resistance 
Lesson 2Video: Understanding Support and Resistance 
Lesson 3Quiz: Support and Resistance 
Lesson 4Assignment: Find Support and Resistance Levels on Various Charts 
Module 3Identifying The Trend – Dow Theory and Elliott Wave
Market technicians have been analyzing price movement and identifying trends in the market for more than a century. Charles Dow and Ralph Nelson Elliott are two giants in the field whose analytical techniques have withstood the test of time. Get ready to find out how these two successful analysts approached their charts.
Lesson 1Reading: Dow Theory and Elliott Wave 
Lesson 2Video: Dow Theory and Elliott Wave 
Lesson 3Quiz: Dow Theory and Elliott Wave 
Lesson 4Assignment: Identify the Trend Using Dow Theory and Elliott Wave 
Module 4Identifying The Trend – Technical Indicators
While identifying the trend using price action alone is an important skill to have, it is not the only option available to you. You also have access to a few unique technical indicators that can help you identify whether a stock is trending higher or lower... if you know how to use them.
Lesson 1Reading: Identifying the Trend — Technical Indicators 
Lesson 2Video: Identifying the Trend with Technical Indicators (15:30) 
Lesson 3Quiz: Technical Indicators 
Lesson 4Assignment: Confirming the Bounce or Breakout Using Technical Indicators 
Module 5Identifying Support and Resistance
Anticipating how a stock is going to react at various support and resistance levels is no simple task, especially when your charts are riddled with different levels. If you can identify the most important support and resistance levels your stock will have to deal with, you'll filter out a lot of the extraneous noise that plagues so many investors.
Lesson 1Reading: Identifying Support & Resistance 
Lesson 2Video – Part 1: Identify Support & Resistance; General Ranges (6:06) 
Lesson 3Video – Part 2: Identify Support & Resistance; Swing High-Low (12:22) 
Lesson 4Video – Part 3: Identify Support & Resistance; Gaps (7:45) 
Lesson 5Video – Part 4: Identify Support & Resistance; Volume at Price (5:59) 
Lesson 6Quiz: Identifying Support & Resistance 
Lesson 7Assignment: Identify Support and Resistance Levels in Various Charts 
Module 6Identifying the Trend – Putting it All Together
You've learned a lot of different approaches and tactics you can implement to identify, confirm and utilize trends in your trading in this step. Now, it's time to put everything you've learned together so you can use this information in a disciplined, repeatable, effective manner.
Lesson 1Reading: Identifying the Trend — Putting it All Together