Technical Analysis - Wealth Creators

Technical Analysis is a process of identifying trend reversal at an early stage & to ride the trend until it reverse with evidence. It's a study of price chart with volume data to gauge prevailing trend in the market.

Course Content

Understand basis of Technical Analysis

  • Price discount everything
  • The market moves in trend
  • History keeps repeating
  • Types of Charts & it's interpretation

Scaling

  • Understand importance of scaling
  • Types of scaling
  • Uses of scaling in different time frames

Dow Theory

  • Understanding of trend & its types
  • Understanding of Primary - Intermediate & Short-term trend
  • Phases of Bull as well as Bear Market

Concept of Trend, Price & Volume

  • Identify the Trend
  • Ride the trend
  • Identify overbought & oversold condition
  • Understand role of volume in deciding trend & its reversal

Candlestick patterns

  • Understand different type of candles
  • Predict the market moves before the turning point is reached
  • Identify the support & resistance areas
  • Time your trade for right entry & exit
  • Understanding of reversal pattern
  • Derive stop loss

Moving Averages

  • Understand importance of moving average
  • Identify underline trend & its reversal
  • Sport entry & exit levels based on MA
  • Cross over - lagging but strong indicator
  • Spot convergence & divergence for rapid rise or fall

Oscillators

  • Gauge momentum
  • Identify trend reversal
  • Identify overbought & oversold condition to time the market (timely entry & exit)
  • Spot divergence for taking right entry & exit in the market

Fibonacci Retracement & Extension

  • Understand the importance of Retracement & Extension
  • Spot entry levels for going long or short in the market or stock using retracement
  • Measure future resistances (targets) for taking exit using extension

Trendline & its Reversal

  • Know art of drawing trendline
  • Spot entry levels for going long or short in the market or stock using retracement
  • Identify trend reversal
  • Predict the target & decide stop loss

Tops & Bottoms

  • Determine the trend & its reversal
  • Spot entry & exit points for going long / short based on trend
  • Learn to ride the trend

Pattern

  • Identify patterns - take action after breakouts
  • Spot Reversal patterns & Continuation patterns
  • Predict the target & stop loss for entry & exit

Short-term trading things to watch

  • Learn the art of making money in short-term using different structures

Money management

  • Learn how to manage your capital & create wealth
  • Minimize your risk & maximize profit
To be announce