Fundamentals of Technical Analysis

Course Summary
Take the mystery out of common technical indicators!You will learn what's behind this analysis technique and how you can make it work for you every time you trade.Understanding and using technical analysis is important to hedgers as well as speculators.
We'll show you all of the many common indicators.Delegates will learn what they are and how the experts use them.We've included a trading simulation where you will actually be making trading decisions based on technical indicators.
16CPE creditsawarded for this course .

Requirements:
Princeton Energy Programme's Fundamentals of Energy Futures or equivalent experience.
Pre-classroom Study
For many of our instructor-led courses we combine web-based training with the classroom experience. Most instructor-led courses have a specific web-based course which is used as pre-classroom study. Given the unique nature of "Fundamentals of Technical Analysis" there is no assigned web-based pre-classroom study. Each delegate on this course has the opportunity to select the pre- or post-classroom study they take from our complete web-based training library. Web-based courses are accessed on-line using a voucher which we provide prior to the course date.
Suitability:
This two-day workshop is perfect for those who want to further their futures trading skills or better understand the methods of major market players. Understanding and using technical analysis is important not only to speculators but hedgers as well. Delegates include everyone from trade staff support, quantitative analysts, programmers, marketing/sales, and traders to senior management. This programme deals with many different energy commodities.
Course content:

• The real definition of technical analysis
  
• Using technical analysis for trading discipline, quantifying and managing risk, and coordinating with fundamental analysis
  
• Using trend lines, Japanese Candlesticks, support and resistance and retracement levels
  
• Ho- to analyze and use volume and open interest
  
• The characteristics of the Elliot Wave Theory and Gann
  
• Calculating and using moving averages and MACD
  
• Using DMIs, Parabolics, Stochastics, RSIs, %R, momentum, MarketProfile and Bollinger Bands
  
• Ho- to combine indicators and approaches
  
• Hedging with technical analysis
  
• Speculating with technical analysis
  
• Mechanical trading system development: trend-following, counter-trend and combining non correlated trading systems