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London Mastermind Technical Analysis Trader Group

London Mastermind Technical Analysis Trader Group. Ray Francis. Technical analysis of shares and financial derivatives. Web Sites. http://www.moneyextra.com/stocks/ftse100/ http://www.liffe-data.com/equityOptions.aspx http://bigcharts.marketwatch.com/

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London Mastermind Technical Analysis Trader Group

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  1. London MastermindTechnical Analysis Trader Group Ray Francis Technical analysis of shares and financial derivatives.

  2. Web Sites • http://www.moneyextra.com/stocks/ftse100/ • http://www.liffe-data.com/equityOptions.aspx • http://bigcharts.marketwatch.com/ • http://www.comdirect.co.uk/ Broker Web site • http://www.mybroker.com/ • http://www.nasdaq.com/ • http://www.optionetics.com/ • http://www.advfn.com/ • https://wwws.ameritradeplus.com/ • http://www.bloomberg.com/markets/stocks/wei.html • http://www.cboe.com/home/default.asp • http://www.chartpatterns.com/ • http://www.euronext.com/home/0,3766,1732,00.html • http://www.londonstockexchange.com/default.asp • http://www.prophet.net/default.jsp • http://finance.lycos.com/qc/default.aspx • http://finance.yahoo.com/ • http://www.gann.co.uk • FreeTraining@WinInvesting.com The Technical Analysis Course Thomas A Meyers ISBN 1-55738-523-8

  3. Money Extra FREE Stuff

  4. Technical analysis of shares and financial derivatives. Rules and Regulations This presentation is for education and interest and is not advice

  5. Technical analysis of shares and financial derivatives. Acknowledgements to AIQ charting MyTrack MyBroker

  6. Technical analysis of shares and financial derivatives. Understanding Graphs

  7. Price Time Reading a Chart Line Graph

  8. High Close Open Low Day or period bars OHLC

  9. Close High Open Low Day or period bars OHLC

  10. Reading a chart Open High Low Close (OHLC) Dow Jones &Co graph in OHLC

  11. Day or period barsCandlesticks Any Specified period

  12. Reading a ChartCandle stick Dow Jones &Co graph in HLOC

  13. Day or period barsGaps Something happened after the market close and the next day opening

  14. Why losses are greater than gainsSlippage The Gain SELL BUY

  15. Why losses are greater than gainsSlippage The loss SELL BUY

  16. The Market Maker • Task to maintain a market liquidity • Obliged to offer prices to buy and sell

  17. Brokers Nobody cares more about your money than you

  18. TECHNICAL ANALYSIS Chart Patterns

  19. 5 Major Chart Patterns Wedge & triangles Head & shoulders W Cup & handle Rounded bottom

  20. 5 Major Chart patterns (either way up) W Head & shoulders Cup & handle Rounded top Wedge & triangles

  21. Head and Shoulders

  22. W

  23. Dow Jones Industrial Average W 1600 points = $8000 400% in 4 months 8800 +1600 = 10400 Target 7200 – 8800 1600 points

  24. Triangle or Wedge Descending Triangle Target line More contact points = greater reliability

  25. Rounded Bottom

  26. Cup and Handle !!! Hard to find but worthwhile

  27. (IBM) Chart bottom ? 1

  28. (IBM) Chart bottom ? 1 2

  29. (IBM) Chart bottom ? 1 2

  30. Why Bull and Bear Markets

  31. Why Bull and Bear Markets

  32. Technical analysisCharting • What to look for • Selecting shares

  33. The First Step Fast Searching

  34. Market forces cause rising and falling oscillations

  35. Why it Works After each rise the price looks high. Buyers taking profit After the 3rd rally most long term buyers have bought After the fall the price looks low more buyers return

  36. Tools of the trade

  37. Reducing Daily bars Large daily bars Look at bar sizeRUNNING OUT OF STEAM

  38. Support and Resistance

  39. The Trend line

  40. Support and Resistance

  41. FREE Stuff

  42. 10 DAY MOVING AVERAGEMid - Price • Find the average for the last 10 days • Plot it today • Next day do it again

  43. Support and Resistance 10 day moving average

  44. Support and Resistance 10 and 21 day moving average

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