Technical Analysis - A Practical Approach For Trade Entry

Technical Analysis is a vital tool to assist in proper trade entry. A great entry increases your chances of success.

What you'll learn

Master Technical analysis and learn to time your trade entry as accurately as possible

Create a reliable set of indicators to guide you with trade entry

Learn all about Price indicators, Momentum indicators, Oscillators, Support and Resistance, Volatility indicators and Volume indicators

Practical examples of using Technical analysis for high probability trades

5 cutting edge Case studies of Technical analysis in action

Requirements

Basic understanding of markets and trading

Description

MASTER TECHNICAL ANALYSISTechnical analysis has become extensive in recent years. We study the psychology of technical analysis and why they work 60 to 70% of the time. There are several categories of technical analysis - Price indicators, Support and Resistance levels, Momentum indicators, Volume indicators, Oscillators and Statistical price movement indicators. This is again an area where the KISS rule applies - Keep It Simple S––-. We cut through all the noise and show you why there are 4 or 5 indicators you should study and that's all you really need to make informed entry and exit decisions. Technical analysis is a self-fulfilling prophecy and gives deep insight into crowd behavior.What you will master     What is Technical Analysis and why is crowd psychology an important factor in marketsWhy does technical analysis work only 60 to 70% of the timeWhy are Price indicators called "lagging" indicatorsWhat are potential "leading" indicatorsA study of Moving averages and which ones are helpfulWhat are the best indicators for short, medium and long term trendsWhy do we need a "confluence" of indicators to make a decisionWhy the Bollinger Bands are a cool indicatorAdjusting technical indicators to match your trading timeframeWhy technical analysis "works until it doesn't" SECTION 1    Lecture I -  What is Technical AnalysisTechnical analysis is primarily a study of Crowd psychology and crowd behavior. If a certain number of people act in unison at a certain time, and other people can observe this group of people taking a certain action, then they are motivated to join in. And it becomes a self-fulfilling prophecy. Technical analysis is a very powerful force in the markets, but it has limitations. This Introductory lecture explains these details. Lecture 2 - Crowd psychology and Crowd behaviorWhat is crowd psychology and why does it matter ? In this lecture, we study the S&P 500 Index over the last 20 years, and also observe a certain technical pattern that is currently playing out textbook-style. How could this pattern impact the markets this year ?  Lecture 3 -  Limitations of Technical AnalysisWhat are the limitations of Technical analysis - when does it work, and when does it not work. Knowing when it does not work is as important as knowing when it works. SECTION 2    Section 2 is a detailed discussion of all the types of Technical analysis indicators. You have various kinds - Price Indicators, Momentum indicators, Statistical and Volatility indicators, Support and Resistance, Volume indicators and Oscillators. Each of these indicator types are broken down in detail as well as insightful tips on their usage and interpretation. SECTION 3    Section 3 is a complete case study set of 5 stocks - 1) Apple (AAPL) - 1 Year Chart. And how AAPL gave 3 points of entry for the perfect Bearish trade.2) Priceline (PCLN) - No clear long-term signals, but a short term bearish trade could be played out.3) Chipotle Mexican Grill (CMG) - an absolutely amazing Statistical indicator gives away the perfect "Long" signal4) The Gold ETF GLD - Hidden inside a very bearish chart is the potential for a reversal trade5) And on the Google (GOOG) charts, we can study the battle between the Bulls and Bears at a recent breach of Google's all-time high. Applying correct Technical Analysis techniques can set you with a fantastic trade entry. If you get your trade entry correctly, you have just increased your chances of a profitable trade a whole lot.  

Overview

Section 1: Introduction to Technical Analysis

Lecture 1 What is Technical Analysis

Lecture 2 Crowd psychology and crowd behavior

Lecture 3 When does Technical analysis not work

Section 2: Technical Analysis indicators

Lecture 4 Indicators based on Price action - Moving averages

Lecture 5 Support and Resistance

Lecture 6 Momentum Indicators - MACD Indicator

Lecture 7 Oscillators - Relative Strength Index (RSI)

Lecture 8 Statistical indicators (or Volatility indicators) - Bollinger Bands

Lecture 9 Volume Analysis Primer and Ideal Chart Setup with indicators

Section 3: Chart Analysis

Lecture 10 Case Study 1 - AAPL Charts

Lecture 11 Case Study 2 - Priceline Charts (PCLN)

Lecture 12 CMG Case Study 3 - Chipotle Mexican Grill Charts

Lecture 13 Case Study 4 - Gold ETF (GLD) Charts

Lecture 14 Case Study 5 - GOOG Charts

Lecture 15 CONCLUSION

Lecture 16 BONUS LECTURE - DONT MISS !!

If you want to be an expert in Chart reading skills,If you trade anything in the markets - Stocks, Futures, ETFs, Currencies, Gold