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® ST Providing financial training to Wall Street WALL www.wallst-training.com TRAINING TECHNICAL ANALYSIS & TRADING Technical Analysis & Trading Course Goals & Overview: Technical analysis offers powerful, objective tools for trading stocks and securities. It’s one thing to master fundamental analysis (accounting, reading and dissecting financial statements, financial modeling & valuation); however, many times, especially in extreme market dislocations, technical analysis overpowers the fundamentals and takes a life of its own. Certainly, technical analysis combined with fundamental analysis will rule the day; in either case, both sides of the equation are important. This course provides a thorough review and primer to the fundamentals of technical analysis and trading based on technicals. We introduce the major types of technical indicators and tools and dive into the practical application in the real trading world. While the common saying “you can’t time the market” certainly has merit, this course will teach how to make disciplined trades and improve your timing by identifying trends. Learn how to interpret charts and translate them into actionable trades. We start with understanding the critical concepts of moving averages, support and resistance levels, to chart patterns such as head & shoulders, tops & bottoms, reversals and gaps, to incorporating price with volume, time, momentum and other sentiment factors, to more complex analysis such as candlesticks, Elliott waves, Bollinger bands, stochastics, relative strength, Fibonacci retracements, and much much more! We debunk the myths and cut through the jargon to provide a straightforward, non-theoretical application – for each technical indicator, we explain: (i) the basic premise of the analysis; (ii) the information it provides; (iii) how it works; (iv) examples with graphics to clarify; (v) how to implement it; (vi) compare and contrast with other indicators. Highlights: Introduction to Technical Analysis • Fundamental Analysis vs. Technical Analysis • Effectiveness of Technical Analysis Step One: Reading, Understanding & Interpreting Charts • Arithmetic vs Logarithmic Scaling • Useful Line and Bar Charts • Candlestick Charts Step Two: Reading, Understanding & Interpreting Trends • Time Horizons, Trend Lines & Volume • Support / Resistance Levels and Moving Averages • Gaps (Breakaway, Runaway, Exhaustion) • Oscillators, Momentum & Sentiment Indicators (VIX, Put/Call, Bull/Bear, etc) Step Three: Reading, Understanding & Interpreting Patterns • Head & Shoulders • Double Tops & Bottoms • Continuation and Reversal Patterns • Identify Channel Boundaries and Trading Channels Step Four: Advanced Technical Analysis • Dow & Elliott Wave Theory • Relative Strength Indicators • Fibonacci, Stochastics & Bollinger Bands Wall St. Training is a registered servicemark of HL Capital Partners, Ltd. Hamilton Lin, CFA Wall St. Training President +1 (212) 537-6631 www.wallst-training.com [email protected] www.wstselfstudy.com .

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Technical Analysis, Liquidity, and Price Discovery∗
Technical Analysis, Liquidity, and Price Discovery∗ Felix Fritzy Christof Weinhardtz Karlsruhe Institute of Technology Karlsruhe Institute of Technology This version: 27.08.2016 Abstract Academic literature suggests that Technical Analysis (TA) plays a role in the decision making process of some investors. If TA traders act as uninformed noise traders and generate a relevant amount of trading volume, market quality could be affected. We analyze moving average (MA) trading signals as well as support and resistance levels with respect to market quality and price efficiency. For German large-cap stocks we find excess liquidity demand around MA signals and high limit order supply on support and resistance levels. Depending on signal type, spreads increase or remain unaffected which contra- dicts the mitigating effect of uninformed TA trading on adverse selection risks. The analysis of transitory and permanent price components demonstrates increasing pricing errors around TA signals, while for MA permanent price changes tend to increase of a larger magnitude. This suggests that liquidity demand in direction of the signal leads to persistent price deviations. JEL Classification: G12, G14 Keywords: Technical Analysis, Market Microstructure, Noise Trading, Liquidity ∗Financial support from Boerse Stuttgart is gratefully acknowledged. The Stuttgart Stock Exchange (Boerse Stuttgart) kindly provided us with databases. The views expressed here are those of the authors and do not necessarily represent the views of the Boerse Stuttgart Group. yE-mail: [email protected]; Karlsruhe Institute of Technology, Research Group Financial Market Innovation, Englerstrasse 14, 76131 Karlsruhe, Germany. zE-mail: [email protected]; Karlsruhe Institute of Technology, Institute of Information System & Marketing, Englerstrasse 14, 76131 Karlsruhe, Germany.
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Investing with Volume Analysis
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Identifying Chart Patterns with Technical Analysis
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Market Analysis Technical Handbook Maryann [email protected] Fred Meissner, Jr
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Understanding Classic Chart Patterns Recognia Inc
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Predicting Support and Resistance Indicators for Stock Market with Fibonacci Sequence in Long Short-Term Memory
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Harmonic Patterns
Legal Notices and Disclaimer: Trade Chart Patterns Like The Pros - 2007 ALL RIGHTS RESERVED No part of this book may be reproduced or transmitted without the express written consent of the author and the publisher. This book relies on sources and information reasonably believed to be accurate, but neither the author nor publisher guarantees accuracy or completeness. Trading is risky. You are 100% responsible for your own trading. The author, Suri Duddella, specifically disclaims any and all express and implied warranties. Your trades may entail substantial loss. Nothing in this book should be construed as a recommendation to buy or sell any security or other instrument, or a determination that any trade is suitable for you. The examples in this book could be considered hypothetical trades. The CFTC warns that: HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT AlVY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS.
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