Free online courseTechnical analysis

Course Description

Technical analysis is an essential skill for anyone involved in investments, and offers a comprehensive course aptly named "Technical Analysis." Spanning a duration of 3 hours and 46 minutes, this course is meticulously crafted for enthusiasts in business administration, particularly those keen on delving into investments. The course has garnered high praise from its participants, achieving an impressive average rating of 4.38 out of 5 stars.

The journey begins by answering the fundamental question: "What is Technical Analysis?" From there, the course provides a robust foundation in identifying key market trends—whether uptrends, downtrends, or range trading markets. Recognizing the end of a trend is equally crucial, and this course ensures you are well-equipped to do so with an introductory segment on Japanese candlesticks, followed by an in-depth look at engulfing candles and pin bars.

For those trading within range-bound markets, specific strategies are outlined to optimize performance. The course dives deep into the tools that traders use, such as moving averages, support and resistance levels, and the concept of dynamic support and resistance. Price patterns such as Head and Shoulders, Double Tops and Bottoms, Channels, and Triangles are elucidated, offering participants a clear framework for recognizing these key signals.

Furthermore, the curriculum explores advanced techniques like trading reversals with Fibonacci retracements and interpreting the MACD on a trading chart. Understanding market volatility through Bollinger Bands and employing the Parabolic SAR for trading further enriches your analytical arsenal.

Candlestick patterns, the relative strength index (RSI), and the Average Directional Index (ADX) are made simple, providing a solid understanding of their role in technical analysis. The course also introduces the Ichimoku Indicator and the complex Elliott Wave patterns, including ABC Pattern corrections, zigzags, flats, and triangles.

To round out the course, more specialized topics such as the US Dollar Index (USDX), moving averages crossover trading strategy, and risk management techniques like stop losses and take profits are discussed. Participants will also gain valuable insight into different trading styles, such as day trading, swing trading, and position trading, and the course will help you decide whether to trade mechanically or with discretion.

Money management and minimizing risk are key components of successful trading, and this course emphasizes their importance along with creating a personalized trading system. Lastly, the significance of maintaining a trading journal or log is highlighted, underscoring the discipline required to thrive in the world of investments.

In summary, "Technical Analysis" is an invaluable resource for anyone aiming to enhance their trading skills and investment strategies. With a rich array of topics and practical insights, this course offers an all-encompassing guide to mastering the intricacies of technical analysis.