|
Ans. Though technical analysis is a field
which requires a lot of knowledge, but if I have to mention some
points which one should know before venturing out in live
technical analysis. Some of these points are: -
1.)
Philosophy of Technical Analysis
2.)
Comparison between Technical and Fundamental
3.)
Difference between Technical analysis of Stocks and Futures
4.)
Dow Theory
5.)
Which is more important Daily, Weekly or Monthly charts?
6.)
An exhaustive study of Candlesticks
Hammer and Hanging Man
Dark Cloud Cover
Piercing Pattern
The Morning Star
The Evening Star
Doji
7.)
Candlesticks applied with western indicators
Candlesticks with Trend Lines
Candlesticks with Moving Averages
Candlesticks with Oscillators
8.)
Volume Study
9.)
Head and Shoulder Reversal pattern
10.) Inverted
Head and Shoulder
11.) Double
Top and Double Bottom
12.) Triple
Top and Triple Bottom
13.) Rounding
Formations
14.) Trend,
Trend lines and rule of their breaking
15.) Support
and Resistance
16.) Channel
17.) Key
Reversal day
18.) The
Gaps
19.) Island
Reversals
20.) Triangle
Formations
21.) The
Broadening Formation
22.) The
Diamond
23.) Flags
and Pennants
24.) The
Wedge
25.) The
Rectangle
26.) Buying
Climax and Selling Climax
27.) Moving
Averages
Simple Moving Average
Weighted Moving Average
Exponential Moving Average
The 5-9 Day Short Term Moving Average Rule
The 25 Day Moving Average Delivery Rule
28.)
The use of Oscillators
29.) Importance
of Divergence
30.)The Relative Strength Index
31.) Stochastics
32.) MACD
33.)The Trading of Options and Futures
34.) Put/Call
Ratios
35.) Intraday
Trading
36.) Effect
of Newspapers and Media on Intraday Trading
37.)An Introduction to Elliot Wave Theory
38.)Concept of Pyramiding and Stoplosses
|