I. Setting the Foundation
II. Volume Analysis and Confirmation
III. Candlestick Patterns and Moving Averages
IV. Support, Resistance, and Market Movements
V. Advanced Moving Averages and Market Structures
VI. Chart Pattern Mastery (Part 1)
VII. Chart Pattern Mastery (Part 2)
VIII. Indicators for Trend Analysis
IX. Fibonacci Techniques
X. Key Indicators for Strategy Optimization
XI. Day Trading Techniques
- Define personal goals and objectives.
- Analyze current trends in the market.
- Configure and customize the Trading View platform for individual use.
II. Volume Analysis and Confirmation
- Understand the fundamentals of volume analysis (buying/selling climaxes).
- Learn volume confirmation techniques.
- Explore the On Balance Volume (OBV) indicator and its applications.
- Identify and interpret positive/negative divergences and price inefficiencies.
III. Candlestick Patterns and Moving Averages
- Introduction to Japanese candlestick patterns.
- Significance and application of short-term moving averages in trading.
IV. Support, Resistance, and Market Movements
- Recognize and practice identifying levels of resistance and support.
- Understand the mechanics and confirmation of breakouts and breakdowns.
V. Advanced Moving Averages and Market Structures
- Correlations between simple and exponential moving averages.
- Utilize Bollinger Bands and throwbacks for countertrend trading.
- Differentiate between physical and technical gaps.
VI. Chart Pattern Mastery (Part 1)
- Analyze and apply patterns such as:
- Double Bottom/Top
- Darvas Box
- Descending/Ascending Triangles
- Coiling Wedges
- Cup and Handle
VII. Chart Pattern Mastery (Part 2)
- Explore advanced patterns:
- Megaphone (Broadening Channel)
- Diamond Top/Bottom
- Rising/Falling Wedges
- Head and Shoulders/Inverse Head and Shoulders
- Flags and Pennants
VIII. Indicators for Trend Analysis
- Apply the Vortex Indicator for identifying trend exhaustion.
- Combine Vortex with OBV for back testing strategies.
IX. Fibonacci Techniques
- Master Fibonacci retracements, extensions, and time zones.
X. Key Indicators for Strategy Optimization
- Utilize RSI, MACD, Williams %R for comprehensive analysis.
- Perform full back tests to validate strategies.
XI. Day Trading Techniques
- Implement effective day trading strategies like the 3-bar play.
- Navigate Level 2 data for informed decisions.
- Program and customize trading scanners using TC2000 and Finviz.