- Technical analysis
- Why it works and its limitations
Dow Theory
- Appreciating the contribution of Charles Dow
Chart types
- Line, bar, and candle
- Charting scales: arithmetic or semi-log?
- Using them in different markets and market conditions
Support and resistance levels
- Identifying levels
- Assessing their strength
- Expected price movement on the break of levels
Trend lines
- Drawing lines correctly
- Recognising trend line breaks and ‘false breaks’
Chart patterns
- The major continuation and reversal patterns
- How to recognise them and how to project subsequent price moves
Volume
- Understanding its significance and using volume data with price
Oscillators & Indicators
- Using RSI, Stochastics and MACD
- Identifying and interpreting divergences
- Bollinger Bands
- Which oscillator should you use?
Moving Averages
- 20, 50 & 200 period moving averages
- Moving average as support
- Crossover trading signals
- Types of moving average: simple, exponential and weighted
Elliott Wave
- Ralf Nelson Elliott’s observations
- Wave construction
Fibonacci
- The Fibonacci sequence and Fibonacci ratios
- Retracements and projections