Course

Technical analysis by UKspreadbetting

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Teacher UKspreadbetting

Financial-Spread-Betting.com is where betting and finance meets, on the trading floor. This is a place where we can inform, and educate little, and hopefully entertain a little too.

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Course content

0h10m

What is Technical Analysis? Defining an Uptrend

What is Technical Analysis? Defining an Uptrend http://www.financial-spread-betting.com/course/technical-analysis.html Samuel Morton, a forex and futures trader explains technical analysis. All technical analysis is a methodology of studying or analysing price data to speculate or forecast what the future price is going to be and hopefully profit from that forecast. This entails studying market direction and the behaviour of price when it moves up, down or sideways. It also involves studying patterns and price indicators that we put in our graph. Other areas that we need to discuss are zones of support and resistance levels which we will be explaining in the coming videos. An uptrend is defined by a series of higher highs and higher lows.

0h09m

Downtrends and Range Trading Markets

Downtrends and Range Trading Markets http://www.financial-spread-betting.com/course/technical-analysis.html In this video I want to spend some time looking at price when it moves downwards and to the side (sideways moving market). Similar in workings to an uptrend, with a downtrend we have a step-in-motion but this time going down with a series of price pushes and pullbacks. Here we are also looking at highs and lows of a trend bunt one again they reverse to those of an uptrend. The main characteristic of a downtrend is lower highs and lower lows. When a market is moving sideways we refer to it as a ranging market. Characteristics of a range trading markets are two areas between a market where price is stuck between.

0h09m

How to Know End of a Trend

Samuel explains the characteristics of an end of a trend, what happens when a downtrend or uptrend come to an end and when a range trading market comes to an end. The characteristics of a downtrend are lower lows and lower highs and that of an uptrend are higher highs and higher lowers. When those characteristics are no longer evident that could be a hint that the trend may be coming to an end.

0h08m

Introduction to Japanese Candlesticks

Samuel's introduction to Japanese Candlesticks. This is the start of a few videos which will look at Japanese Candlesticks and how we can use them to benefit us as we trade financial markets. In this video we briefly review candlestick charts and how they work. Each candlestick has an opening and closing price; the opening price will be the price of the financial instrument when the candlestick opened.

On my candlesticks if the closing price was lower than the opening price the bar will show in red (price has depreciated over the course of a candle). If the closing price was higher than the opening price the bar will show in green (price has appreciated over the duration of the candle)

0h11m

Candlesticks: Engulfing Candles

Candlesticks: Engulfing Candles http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Explaining Candlesticks: Engulfing Candles. In the previous video I have explained what candlesticks are; in this video we will get into more detail and the kind of candlesticks that can form in markets; namely engulfing candles and pinbars. As demonstrated earlier a Japanese Candlestick always has an opening and closing price and the difference between the opening and closing prices creates a bar.

What is an engulfing candle? If we were to have a bearish candle i.e. a candle which closes lower than the opening price. An engulfing candle would be a candle that is bigger in size and engulfs or shadows the candle previous. If we had a bearish engulfing we could have a bullish candle and a bigger candle that engulfs the previous one on the downside. So what can engulfing candles tell us and why are they important?

0h06m

What are Pin Bars?

What are Pin Bars? http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Let's now look at a pin bar; again we have an opening and closing price which forms a body. In his book Pring on chart price patterns, Martin Pring refers to a candlestick formation which he referred to as the Pinnochio Bar or pin bar for short. The characteristic of a pinbar is one large wick in one particular direction. Pin bars tells us that price has moved in a certain direction because of changes in buying or selling power.

0h10m

Strategies for Range Trading Markets

Strategies for Range Trading Markets. http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! What are range bound markets? In this video we look at how pinbars and engulfing patterns can help us trading ranging markets when price is moving in a sideways direction within an area of resistance and support in a market. With all ranging markets we have areas of support and resistance. A market is ranging when a market keeps making the same highs and lows for a number of times.

Related Videos
Quick Beginners Guide to Range Trading! ??????
https://www.youtube.com/watch?v=tc-WtuAhHzM
Range Bound or Trending: Top 8 Signs Of A Range Bound Market ?
https://www.youtube.com/watch?v=FTeNM-6iIV8

0h08m

How Traders use Moving Averages

How Traders use Moving Averages http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! In this video we look at moving averages and how they can help us to identify trends in markets. Most of us know what is a moving average. A moving average can help us when trading in a couple of ways; firstly a single moving average on our graph can show us the prevailing bias in the market; irrespective if this is bullish or bearish. Traders also use the so called moving average crossover; this is done by taking two moving averages set at different periods one lower than the other. Say one at 25 and another at 35. The shorter moving average is considered the faster moving average while the moving average set at 35 is referred to as the slower moving average.

0h09m

Support and Resistance

Support and Resistance levels. http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! In this educational video we are going to review support and resistance. I mention support and resistance when price ranges which produces resistance and support levels however we get support and resistance throughout the market. Support and resistance areas are also created when price reverses in markets.

0h09m

Dynamic Support and Resistance with Moving Averages

Dynamic Support and Resistance with Moving Averages http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Sammy Morton explains dynamic support and resistance which is in a way putting the principles of support and resistance and moving averages together. On my screen I have two moving averages; a simple moving average 25 which is the blue moving average, and a simple moving average of 50 which is the green moving average. The way dynamic support and resistance works is that a moving average acts as a resistance or support area in the market so when price hits the moving average the dynamic support or resistance can push price the other way. So a moving average with a bullish bias would act as support for the price and a moving average with a bearish bias would act as resistance.

0h07m

Price Patterns: Head and Shoulders and Double Top and Bottom

Price Patterns: Head and Shoulders and Double Top and Bottom
http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Here I look at some patterns including the head and shoulders patterns. The reason it gets its name heads and shoulders chart pattern is obvious; we have the head of the pattern and the two shoulders. What is significant about a head and shoulders pattern is that such a pattern could indicate a change in direction of price. How can we identify a heads and shoulders as early as possible? We also look at double top and double bottom chart patterns.

0h07m

Price Patterns: Channels, Support and Resistance

Price Patterns: Channels, Support and Resistance http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! In this video we continue looking at support and resistance and the patterns that these form. To start we look at channels. A channel is a form of support/resistance that is normally created on a trend and will form a channel in the market. As price trends, it will move between the two areas of support and resistance. We can use channels support and resistance to identify areas where to open trading positions. Channels do not always have to be diagonal, a ranging market is in fact a horizontal channel of support and resistance.

0h09m

Price Patterns: Triangle Chart Patterns and Breakouts

Price Patterns: Triangle Chart Patterns and Breakouts http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! In this video we look at triangles; support and resistance levels that create triangles and the breakouts of these triangles. The reason a chart creates a triangle shape is because support and resistance levels is tightening and eventually these will touch leading to potentially a breakout in price.

0h06m

How to Trade Reversals With Fibonacci Retracements

How to Trade Reversals With Fibonacci Retracements http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! How Fibonacci work is that when there is a major swing or push in the market, fibonacci retracements provide us with potential levels in the market which price could reach on its way back up and then reverse. In the chart you can see our start of fibonacci retracements and the end of fibonacci retracements, and then we have those key levels which I mentioned that can be used as potential support or resistance levels where the price is going to reverse.

0h09m

How to Interpret the MACD on a Trading Chart

How to Interpret the MACD on a Trading Chart http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! The Moving Average Convergence Divergence (MACD) indicator is a simple but effective momentum indicator. The way the indicator works is by making use of two trend following indicators (moving averages) and turning them into a momentum oscillator by deducting the longer moving average from the shorter one. As such the MACD is a combination of trend following and momentum. The Moving Average Convergence Divergence figure moves above and below the zero line as the moving averages converge, cross and diverge.

0h05m

Bollinger Bands And Market Volatility

Bollinger Bands And Market Volatility http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! In this video we look at bollinger bands. Bollinger bands are 2 outer bands and a middle one and are used to identify the volatility in the market. The way the bollinger bands work is that when the outer brands are close together there is little volatility in the market. As the bands expand there is greater volatility in the market.

0h05m

Using the Parabolic SAR to Trade

Using the Parabolic SAR to Trade http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Reviewing the Parabolic SAR technical indicator - SAR standing for stop and reverse. This indicator creates a series of dots on your graph. The Parabolic SAR can be used to identify pushes and pullbacks of a trend. i.e. can be used to confirm ends of trends or when price is going to reverse direction. The indicator can also be used as a secondary opinion on our market analysis.

0h04m

Trading using the Stochastic Indicator

Trading using the Stochastic Indicator http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! We look at the stochastic indicator. Just like the Parabolic SAR Indicator the stochastic can be used in a similar way to confirm when a trend is likely to end or when there is likelihood that price will reverse. The stochastic can be used to confirm when particular markets are overbought or oversold.

0h05m

Relative Strength Index (RSI) and the Average Directional Index (ADX) Made Simple

Using the RSI and ADX Indicators. http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! The RSI indicator or Relative Strength Index is similar to the stochastic in the sense that it can signal overbought and oversold areas in the markets. Relative Strength Index (RSI) charts can be used to identify when a trade could be entered in a volatile market environment. Normally, an asset with with an RSI of more than 70, on a scale of 0--100, is seen as overbought, whereas a level of less than 30 is seen as oversold. An RSI of 50 is neutral.

Unlike the stochastic that usually has two lines the RSI only has one main line and another difference is that the stochastic would signal overbought over 80 and oversold under 20 while the RSI signals overbought over 70 and oversold under 30. I prefer the Relative Strength Index indicator over the Stochastic and find it more reliable.

The ADX is a similar indicator to bollinger bands in that it can show us the volatility of the markets. Generally, ADX is used as a confirmation if price is trending or ranging.

0h07m

Using the Ichimoku Indicator

Using the Ichimoku Indicator http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Now we review one of the more complex indicators when it comes to technical analysis: the Ichimoku. This is a Japanese indicator - it looks complex but I will try to simplify it. The Ichimoku has a number of crosses and highlight areas in the market. But why would we use the Ichimoku indicator? The reason is that it can show us a number of things 1) it can show us bullish or bearish bias 2) it can act as an indicator for trends strength 3) it can also highlight potential support or resistance areas.