Technical Analysis: A Comprehensive Course
Day 1 (Max 3 Hours):
Introduction to Technical Analysis
- What is Technical Analysis
- Elements of a Price Chart
- Forecasts from Technical Analysis
ICIS Technical Analysis Report and Methodology
- The daily ICIS technical analysis report
- ICIS methodology
Supports and Resistances
- Concept of Support and Resistance
- Types of Price Reactions to Supports and Resistances
- Identifying Support and Resistance
- Other Forms of Supports and Resistances
Day 2 (Max 3 Hours):
Graphical Patterns and Analysis
- Charting types
- Large candle patterns (Coils, Parallels, Arcs, Others)
Candlestick Patterns
- Upswings and Downswings
- Bullish Reversal Patterns
- Bearish Reversal Patterns
Timeframes
- Concept of Timeframes
- Characteristics of Elements from Different Timeframes
Day 3 (Max 3 Hours):
Introduction to Mathematical Tools
Trend Tools
- Moving averages
- SAR
Momentum Tools
- MACD
- ROC
- DMI/ADX
Oscillator Tools
- RSI
- Stochastics
- CCI
Volume Tools
- Bars
- OBV
Volatility Tools
- ATR
- Bollinger bands
Day 4 (Max 3 Hours):
Fibonacci Extension and Retracement
- Fibonacci Numbers
- Fibonacci Ratios
- Types of Fibonacci retracement
- Types of Fibonacci extensions
Elliott Wave Theory
- Basic concepts
- Wave counts and their relationship with Fibonacci ratios
Summary and Final Remarks
- Live application of the TA concepts will be conducted from day 2 of the course