![]() |
|
![]() |
|
Charts Technical analysis training by online Technical analysts typically use one of the following three chart types:
Now, we'll explain each of the charts. Most charting software packages will let you analyze the price movement of any stocks or markets in these formats. Our online course aims create professionals or smart trader who can predict the price movement of commodity/stock and can analyze the risk reward of his capital even in extreme volatile market. You will learn the art of analyzing the charts and how to define stoploss and target, Risk Reward ratio, Intraday trading techniques, BTST/STBT and positional trading. After this course you will understand the in-depth physiology of a normal investor/Trader and how the market will react on sentimental. |
|
What is technical Analysis?Technical Analysis is study of lines, graphs, waves formed by the price time chart of a stock. In other words it is the technique to predict the future price of a stock based on its past price performances OR Technical analysis is the framework in which traders study price movement. Technical Analysis is based on three assumptions:
THE PRINCIPLE OF TECHNICAL ANALYSISThere are many different types of technical traders and investors. Some rely on chart patterns, others use technical indicators and oscillators, and then there are some that use various combinations. Technical analysis uses price and volume data shown in charts to determine the possible future price of a security. Some technical analysts do not consider whether a stock is undervalued or overvalued, they only look at the security's past trading data and what this information can provide with respect to where the price might move in the future. Any attempt to trace the history of technical analysis would inevitably lead to Charles Dow, his belief in the three basic assumptions became commonly known as the Dow Theory. INTRODUCTION TO TREND
Trendline is a trend identification tools enables us to identify the current price direction. As we learn importance of trend that why trendline is most important for us for advance trending strategy also. Because in every trading strategy we must have to check the previous trend to make trading decision. Trendline also help us to find supply and demand areas in chart Trendline are basically are two types and very easy to draw.
IMPORTANT RULE OF TRENDLINE
|