in technical analysis

The Society of Technical Analysts Diploma Course 2010

We are often asked here at FuturesTechs about training courses on Technical Analysis.
There are many providers out there, but none with the impeccable reputation of the UK’s Society of Technical Analysts. The STA runs their Diploma Course every year at the London School of Economics in Aldwych. The course runs for 11 Wednesday evenings in a row and covers …

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in technical analysis

Technical Analysis Tutorial: Chart Patterns (Continuation)

In this article we’re going to have a look at continuation patterns. These are in contrast to the reversal patterns we’ve already treated in a previous blog post here. My main source is the comprehensive Technical Analysis of the Financial Markets by John J. Murphy (purchase here in association with FuturesTechs).
As the name suggests, continuation patterns imply that the …

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in technical analysis

Technical Analysis Tutorial: Chart Patterns (Reversal)

One of the premises of tecnical analysis is that price patterns tend to repeat themselves. But what are these patterns? Today, we’re going to lookat reversal patterns, i.e. where a change of trend is indicated.
Perhaps the most famous of these is the Head and Shoulders pattern.

Here is the Dow weekly candlestick chart, showing how this topped out …

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in technical analysis

Technical Analysis Tutorial: Ichimoku Charts

Ichimoku Charts are a tool many traders swear by, and which we may occasionally use as an ingredient in our daily analysis. This article explains the basics.
The main source I’m using will be “Ichimoku Charts” by Nicole Elliott, an excellent book which you can purchase from the Global Investor Bookshop by clicking here.
Part I: Construction
We start with …

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in technical analysis

Technical Analysis Tutorial: The Stochastic Oscillator

As part of our continued efforts to explain the major technical indicators to our clients, what follows is a simple explanation of the Stochastics momentum indicators often used in our analysis.
Originally devised by George C. Lane in the 1950s, the Stochastic oscillator is one of the easiest indicators to interpret. It tells us where the price sits in relation …

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in technical analysis

Technical Analysis Tutorial: The MACD Indicator

The MACD indicator is one of the most popular tools in technical analysis, and it’s another tool that we occasionally use in our reports.
Developed by Gerard Appel in the 1960s, the basic idea of MACD histogram is to follow the trend in the market under consideration, with a special hybrid of two different moving averages.
We take two exponential …

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in technical analysis

Technical Analysis Guide: RSI and Parobolic SAR

We included the RSI and Parabolic SAR indicators in the new levels sheet available in our Members Area, so thought that it would be worthwhile to briefly introduce them to anyone who might not be familiar with how they worked or how to use them.

Fig 1: The New Levels Sheet. (Click to enlarge)
RSI (Relative Strength Index)
One …

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in technical analysis

Candlestick Charts – The new book by Clive Lambert, Director, FuturesTechs

“Candlestick Charts – An introduction to candlestick charts”, Clive Lambert’s first (maybe not last!) book has recently been released, and you can get your copy now.
Early feedback has been positive. Thank you to those who have already got their copy, and thank you to those who have offered their thoughts
To order your copy we have set up …

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