Technical Analysis Workshop
In-house
Technical analysis helps to uncover the patterns of market behaviors and price patterns. Using technical charting also enables to track investments to test investment strategies.
During this highly practical 2 day course you will learn how to build customised charts and technical indicators to make comparisons against a range of indices and companies or view your portfolio transactions.
By the end of this training programme you will have a sound practical understanding of the tools used by the chartist community and be able to apply them in your work in order to prepare better market analysis and make better business decisions.
On completion you will understand and be able to practically apply:
- Different charting strategies including candlestick, point and figure
- Build customised charts and technical indicators in order to predict future price movements
- Make comparisons against a range of indices and companies or view your portfolio transactions
The course is computer based and very hands on, with participants encouraged to come to decisions of their own with real life examples taken from Bloomberg trading screens.
Description
Fundamentals have left a lot of market participants floundering in current conditions. Taking a 'technical' or chartist's approach 'What' is more important than' why'. This is a very flexible way to deal with today’s markets which is not direction specific, tied to any one specific asset class & can be used for both short & long term decision making.
A Technical analyst doesn't look at corporate income statements, balance sheets, interest rates, inflation rates or any of the financial markets' fundamentals. Delegates will look at the actual history of trading & price in a financial instrument. This is usually done in the form of a chart. The instrument itself could be an individual stock or bond, a derivative, an index, a currency or commodity.
Main Topics Covered During This Training
- Exploring strategies used in technical analysis
- Analysing trends and share price patterns
- Building customised charts to predict differnt market and price shifts
- Explaining candlestick charting
- Exploring point and figure charting
- Analysing momentum, volume and breadth indicators
- Volatility and retracement indicators
- Moving averages
- Bollinger bands
- Fibonacci retracements
- Elliot waves
Who Should Attend
From Banks, Fund Management, Investment Management and Brokerage / Trading companies:
- Fund Managers
- Traders
- Analysts
- Risk Managers
- Market Makers
- Foreign Exchange Analysts and Traders
- Commodities Analysts and Traders
Teaching Method
This is a highly practical course with many computer based exercises. Tutor will be focused on teaching practical strategies that can be taken back to your business and put into immediate effect.
You will benefit from comprehensive take away course documentation.
In order to help us establish your individual and business concerns, you will be asked to fill pre-course questionnaire.
Due to the practical nature of the course the number of places is limited and will be filled on first come, first accepted basis. We advise to book in advance in order to avoid disappointment.
Delegates are requested to bring laptops. If necessary, we can provide a laptop for an additional fee.
Technical Analysis explained - A 2 Day Training
Session 1
Introduction to Technical Analysis
- What is it all about? Implications
- 'What' is more important than 'why'
- Sentiment, flow of funds and market indicators
Session 2
Trends and trend lines, share price patterns
- Channels
- Head and Shoulders
- Flags and Pennants
- Symmetrical Triangles
Session 3
Candlestick charting
- Terminology; What the candles tell you and what they don’t
- Dojis – Long-Legged, Dragonfly, Gravestone
- Candles and Dojis combined, Star Positioning
- Hammers and Hanging Man
Session 4
Point and figure charting
- Box sizes
- Reversal amounts
- Support and resistance levels
- Upward and downward trendlines
Session 5
Momentum indicators
- Simple Moving Averages
- Weighted Moving Averages
- Moving Average Convergence Divergence (MACD)
- Relative Strength Indicator (RSI)
- Rate of Change (ROC)
Session 6
Volume and breadth indicators
- Directional movement indicator
- On balance volume
- Advance – Decline lines
- The McClellan Oscillator
Session 7
Volatility and retracement indicators
- Bollinger Bands
- Moving Averages and Trading Envelopes combined
- Fibonacci Analysis
- Elliott Wave Principles
Session 8
Weaknesses in Technical Analysis and Conclusions
Paul Meadows
Paul started his career in 1983 at Royal Insurance in the long-term equity portfolio team. In 1990 he joined Swedish insurer Trygg-Hansa’s London start-up operation to manage its UK Equity exposure.
In 1994 he moved into the private client arena, as part of the Investment Unit of Lloyds Private Banking & over a two year period diversified away from an exclusive analytical/Fund Management role to incorporate an extensive presentational package on the bank’s investment strategy delivered ‘on the road’ to its network of offices around the country.
In 1996 Paul joined Butterfield Bank to head up the global Equity research effort in London in support of the Bank’s (offshore) private client base. By this time that he had also developed training material covering most aspects of Portfolio Management & the behaviour of institutional investors for delivery (as a freelance consultant) to a wide range of audiences in the UK & abroad. This was subsequently extended to incorporate the private client asset management area.
Paul had a spell with an international high-risk security company analysing the operations of quoted oil & mining corporates worldwide. In 2000 Paul moved into full time training with main course providers, specialising in Fund Management, Equity Markets, Private Banking & Hedge Funds.
Clients trained include Citigroup, Man Investments, Axa Investment Managers, Barclays Global Investors, HSBC, Renaissance Capital.
IN-HOUSE TRAINING
If you have a team of 4 or more this course can be customised and organised in-house at your convenience. Contact one of our advisors to find out more.
Call now on +44 (0) 20 7993 8597
