Technical Analysis
Description
Predicting the future has always been an attractive topic for people. When it comes to futures prices, people start to
pay a lot of attention, because if you knew the future price, you would know whether to buy or sell today.
Traders always wonder if Technical Analysis is a science or an art.
On paper, the theory seems to work great. When put into practice, however, the theory doesn’t seem to work that
great anymore.
This course is aimed at explaining the major topics of Technical Analysis by providing examples of chart patterns and
statistical indicators. The course helps the audience understand the basic principles of Technical Analysis by studying the major chart
patterns and the most popular mathematical indicators used by analysts.
is issued on the Luxoft Training form
Objectives
To help the audience understand what is Technical Analysis
To describe the principles of Technical Analysis
To understand different types of charts
To make the participants aware of the implications of traders’ psychology
To identify the major reversal and continuation patterns
To assimilate and use the tools of chart analysis
To assimilate and use the most popular mathematical indicators
To make the participants aware of false signals and confirmations
Target Audience
Testers, System and Business Analysts, Architects, Developers, and Project Managers working on financial markets
projects, especially trading and dealing or risk management.
Prerequisites
FIN-001. Introduction into Financial Markets
FIN-002. Basics of FX Market and Derivatives of FX Markets
Roadmap
Short history of Technical Analysis
Principals of modern Technical Analysis
Why feelings are important in the financial markets
Types of charts
Chart patterns
Tools used in Chartism
Mathematical indicators
Elliot theory
Limitations of Technical Analysis