Categories: Financial Analysis ,  Markets, Trading & Derivatives

Charting and Technical Analysis.

This explains the techniques required to forecast future prices in the energy markets using charts and technical analysis. It will cover the different types of charts and their construction, chart patterns and the more commonly used technical indicators. Examples and workshops provide the opportunity to explore the potential for technical analysis and charting.

Duration:
2 Days

Who Should Attend: 
- Recommended for anyone who would like to gain an understanding of the principles and applications of charting techniques Futures and options brokers or dealers
- Trading companies, banks, brokers, energy producers, consumers, refiners, distribution and storage companies
- Energy regulators and government departments
- Fund managers and investors

Course Content:
Introduction
- History
- Basic principles

Technical analysis - basic principles

Charts:
- Chart construction
- Line, Bar and Candlestick charts
- Point and figure charts

Chart patterns:
- Support and resistance
- Trading ranges
- Tops/bottoms
- Breakouts
- Gaps

Continuation and Reversal Patterns:
- Head and shoulders
- Spikes and reversals
- Double and triple tops
- Diamond tops and saucers
- Triangles, rectangles and wedges
- Pennants and flags

Technical indicators:
- Moving averages
- Oscillators;Momentum and Rate of Change
- Relative Strength Indicator (RSI)
- Stochastic
- Parabolic

Charting Techniques:
- Confirmation of price moves, use of filters
- Divergence analysis as a signal of change
- Fibonacci
- Elliott Wave and Gann
- Candlesticks

Exercises and workshops