Technical Analysis CORE
COURSE
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 |
| Modules: | 6 |
| Lessons: | 24 |
Course Syllabus
Technical Analysis CORE
| Module 1 | Understanding 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 1 | Reading: Understanding Trends |
| Lesson 2 | Video: Understanding Trends |
| Lesson 3 | Quiz: Understanding Trends |
| Lesson 4 | Assignment: Identify Trends in Various Charts |
| Module 2 | Understanding 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 1 | Reading: Understanding Support and Resistance |
| Lesson 2 | Video: Understanding Support and Resistance |
| Lesson 3 | Quiz: Support and Resistance |
| Lesson 4 | Assignment: Find Support and Resistance Levels on Various Charts |
| Module 3 | Identifying 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 1 | Reading: Dow Theory and Elliott Wave |
| Lesson 2 | Video: Dow Theory and Elliott Wave |
| Lesson 3 | Quiz: Dow Theory and Elliott Wave |
| Lesson 4 | Assignment: Identify the Trend Using Dow Theory and Elliott Wave |
| Module 4 | Identifying 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 1 | Reading: Identifying the Trend — Technical Indicators |
| Lesson 2 | Video: Identifying the Trend with Technical Indicators (15:30) |
| Lesson 3 | Quiz: Technical Indicators |
| Lesson 4 | Assignment: Confirming the Bounce or Breakout Using Technical Indicators |
| Module 5 | Identifying 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 1 | Reading: Identifying Support & Resistance |
| Lesson 2 | Video – Part 1: Identify Support & Resistance; General Ranges (6:06) |
| Lesson 3 | Video – Part 2: Identify Support & Resistance; Swing High-Low (12:22) |
| Lesson 4 | Video – Part 3: Identify Support & Resistance; Gaps (7:45) |
| Lesson 5 | Video – Part 4: Identify Support & Resistance; Volume at Price (5:59) |
| Lesson 6 | Quiz: Identifying Support & Resistance |
| Lesson 7 | Assignment: Identify Support and Resistance Levels in Various Charts |
| Module 6 | Identifying 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 1 | Reading: Identifying the Trend — Putting it All Together |