Technical Analysis, Day Trading & Training Course

February 21, 2012 by · 1 Comment
Filed under: Technical Analysis Course 

Online Live Interactive Technical Analysis Course & Day Trading Training -join from Home, Office or Cyber Cafe. “You can join distance learning class from any city or even from a village.” Whether you are in India (Mumbai, Delhi, Bangalore, Chennai, Hyderabad, Surat, Admedabad, Cochi, Kolkata, Navi Mumbai, Delhi NCR, Chandigarh, Pune, Thane, Noida), in US (New York, New Jersey, California, Illinois, Chicago, Los Angeles, Ohio, Fremont, Addison), in UK (London, Leicester, Birmingham), in Canada (Toronto), in Australia, in Singapore, in South Africa, in Korea, in Japan, in Mauritius, in Bahrain, in Saudi Arabia, or in UAE (Dubai) this “revolutionary” Technical Analysis  & Day Trading Training is for you.

Technical Analysis & Day Trading Course:- In finance, technical analysis course or training is security analysis discipline for forecasting the direction of prices through the study of past market data, primarily price and volume. It is the only tool for predicting or anticipating Stock, Commodity, Forex Market Movement in Intra-Day, Sort and Mid Term Trade.

Technical Analysis is, in essence, the observation of the market itself with a view to deducing its probable next move from its past and current behavior. Technical Analysis Course is an art of Income Generation from stock market, commodity market, forex market trades. “

Technical analysis is all about studying stock price graphs and a few momentum oscillators derived thereof. It must be understood that technical studies are based entirely on prices and do not include balance sheets, P&L accounts (fundamental analysis), the assumption being that the markets are efficient and all possible price sensitive information is built into the price graph of a security / index.

Therefore, technical analysis (crowd  analysis)  supports the efficient market theory as against the “random walk theory” which supports the belief that stocks can be bought / sold on random events like flipping a coin!!! Technical analysis is more dynamic as compared to fundamental analysis based on one simple argument – fundamental analysts depend on corporate events like quarterly results, annual results and special announcements like earnings guidance and policy changes in operations to generate a buy / sell recommendation.

If fundamental analysis was the single most reliable indicator of trends, prices would predominantly fluctuate only 4 – 6 times a year – around quarterly results and special announcements like mergers and acquisitions etc!! Why would prices fluctuate almost daily? If the prices fluctuate ever so often, is there a way to forecast them? Yes according to technical analysis!!

The principles of technical analysis are derived from hundreds of years of financial market data. Some aspects of technical analysis began to appear in Joseph de la Vega’s accounts of the Dutch markets in the 17th century. In Asia, technical analysis is said to be a method developed by Homma Munehisa during early 18th century which evolved into the use of candlestick techniques, and is today a technical analysis charting tool. In the 1920s and 1930s Richard W. Schabacker published several books which continued the work of Charles Dow and William Peter Hamilton in their books Stock Market Theory and Practice and Technical Market Analysis. In 1948 Robert D. Edwards and John Magee published Technical Analysis of Stock Trends which is widely considered to be one of the seminal works of the discipline. It is exclusively concerned with trend analysis and chart patterns and remains in use to the present. As is obvious, early technical analysis was almost exclusively the analysis of charts, because the processing power of computers was not available for statistical analysis. Charles Dow reportedly originated a form of point and figure chart analysis.

Dow theory is seen as a mother theory of Technical Analysis Course and Training in world.

Topics Covered including Trend Line, Support Resistance Levels, Gap Theory, Elliot Wave Theory, Candlesticks,  Bar Chart, Head & Shoulder Pattern, Consolidation Break out Patterns, Reversal Pattern, Continuation Patterns, Oscillators (MACD, RSI, ROC, STOCHASTIC), Bollinger Band,  Martin Pring,  John Murphy Technical Analysis Theories.

1.) Others: Commodity Channel Index, McClellan Oscillator, Ultimate Oscillator, Knelter Channel, Ulcer Index, Arms Index, Advance-Decline Line (ADL).

2.) Chart: Kagi Chart, OHCL Chart.

3.) Candlesticks:  (Shooting Star, Hanging Man, Spinning Top, Morubozu, Hikkake Pattern).

4.) Trend: Vortex Indicator (VI), Ichimoku, Parabolic SAR.

5.) Volume: Force Index, Volume Price Trend, Negative Volume Index, Money Flow Index, On-balance Volume, Put/Call Ratio (PCR).

6.) Concept: Dead Cat Bounce, Pivot Point, Fibonacci Ratio.

7.) Momentum: True Strength Index (TSI), Williams %R.

8.) Chart Patterns: Cup and Handle, Widget Pattern, Flag and Pennant.

9.) Volatility: Bollinger Band, Donchin Channel, Standard Deviation, Average True Range.