From Novice to Pro: A Free 11-Lesson Guide to Technical Analysis

Introduction to Technical Analysis and Strategic Stock Trading

Introduction to Technical Analysis and Strategic Stock Trading

Technical analysis is a method that has been in existence for several centuries, which involves studying historical price movements to predict future price fluctuations.

Technical Analysis: Dow Theory, Elliott Wave Theory, and Chart Analysis

Technical Analysis: Dow Theory, Elliott Wave Theory, and Chart Analysis

In this lesson, we will delve into two major theories that form the bedrock of technical analysis: Dow Theory and Elliott Wave Theory.

Mastering Trend Lines and Support/Resistance Levels in Technical Analysis

Mastering Trend Lines and Support/Resistance Levels in Technical Analysis

A trend line defines the trend. For instance, if I'm in a long position, I would maintain it as long as the stock remains above the trend line. If I'm in a short position, I would maintain it as long as the stock continues to drop below the trend line.

Mastering Price Patterns: Reversal and Continuation Patterns in Technical Analysis

Mastering Price Patterns: Reversal and Continuation Patterns in Technical Analysis

Price patterns describe the dynamics between demand and supply, providing a snapshot that assists investors in positioning themselves. These patterns can be beneficial over both short-term and long-term periods.

Introduction to Stock Trading and Technical Analysis Strategies

Introduction to Stock Trading and Technical Analysis Strategies

In this lesson, you will manage a virtual portfolio, using technical analysis methods to analyze and make trading decisions. Focus on identifying support and resistance levels, utilizing breakout filters, and considering Fibonacci targets for potential trend reversals.

Trading Indicators and Candlestick Patterns for Technical Analysis

Trading Indicators and Candlestick Patterns for Technical Analysis

A pushing wave is one that follows the trend, while a corrective wave goes against the trend. In a bullish market, we expect each new peak to set a record in trading volume and vice versa in a bearish market.

Candlestick Patterns and Point & Figure Chart Analysis for Trading Strategies

Candlestick Patterns and Point & Figure Chart Analysis for Trading Strategies

Candlestick patterns are one way to anticipate potential market sentiment changes. These patterns allow traders to understand market psychology and anticipate potential price reversals.

Utilizing Moving Averages as Technical Indicators for Trading Strategies

Utilizing Moving Averages as Technical Indicators for Trading Strategies

A technical indicator is a formula applied to stock data, such as price or trading volume. By applying the formula, we obtain a graph or chart that represents the results, which we can analyze alongside the stock chart.

Enhancing Technical Analysis with Indicators: Moving Averages, Bollinger Bands, and Volume-Based Indicators

Enhancing Technical Analysis with Indicators: Moving Averages, Bollinger Bands, and Volume-Based Indicators

Enhancing technical analysis with indicators such as moving averages, Bollinger Bands, and volume-based indicators provides valuable insights into market trends and potential trading opportunities.

Mastering Market Analysis: Strength Indicators, Comparative Analysis, and Oscillators

Mastering Market Analysis: Strength Indicators, Comparative Analysis, and Oscillators

Mastering market analysis involves understanding various indicators that help assess market strength and identify trading opportunities.

Mastering Oscillators: RSI and MACD for Effective Technical Analysis

Mastering Oscillators: RSI and MACD for Effective Technical Analysis

When it comes to effective technical analysis, mastering oscillators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) is essential.