Charting The following is an advertisement for a source of technical analysis on financial markets which we can highly recommend. CHARTWATCH in association with MARKET DIRECTIONAL ANALYSIS LTD presents TECHNICAL ANALYSIS AND CHARTING Available in London on specific or agreed dates in 2001. ADVANCED TECHNICAL ANALYSIS COURSE DIRECTOR: Kenneth H. Shaleen is a member of the Chicago Board of Trade and President of Chartwatch and international research firm which distributes a weekly technical publication and a daily telephone market update. ken is renowned worldwide for his courses and has continuously taught classes in:- * The Chicago Mercantile Exchange since 1976 * Life (London) since 1984 * Kuala Lumpur since 1984 * Hong Kong since 1984 * Singapore since 1982 Technical analysis has evolved with the move to 24 hour dealing using screen-based trading systems; so too have CHARTWATCH Technical Analysis and Charting Courses. Specific emphasis will be placed on the changes in trading techniques now required by the proliferation of electronic trading. TECHNICAL ANALYSIS AND CHARTING Programme Topics covered during the two days: * Volume and open interest: significance, healthy price trends, general rule, idiosyncrasies, why total interest is used. * Trading with the trend: trend line construction and analysis, support and resistance. * Price pattern recognition: rationale, necessary inputs, candle charts. * Reversal patterns: head and shoulders, broadening formations, double tops and bottoms. * Continuation patterns: symmetrical triangles, right triangles, wedges, flags, pennants. * Gap theory: 4 basic types, suspension gap, ex-dividend gap, island. * Minor trend change indicators: key reversal, inside/outside range, mid range close. * 24-hour markets: LIFFE, SIMEX and IMM charts. * Point and figure: theory, flow chart, exercises. * Mathematical models: trend following versus oscillator. * Fibonacci Numbers and Elliott Wave. * Case studies. ADVANCED TECHNICAL ANALYSIS Programme Topics covered during the two days: * Volume and open interest analysis: general rule for a healthy price trend, monitoring a 24-hour futures day, roll-over surge, statistically established volume parameters, theoretical and actual open interest curves, portraying individual versus total contract volume, Eurodollar roll-over procedure, currency futures expiration, open interest in cash settled futures, idiosyncrasies due to contract specifications. * Price pattern analysis: unsymmetrical head and shoulders tops, symmetrical triangle case study, double tops/bottoms, daily bar versus point and figure charts, scale factor, minor trend change indicators, key reversal day, evolution of patterns, trend line analysis, redrawing trend lines. * Elliott Wave case study: comparison of Wave Theory to Classical Bar Charting, monthly and weekly exercise, daily and hourly exercise. * Market Profile: overview and examples, how to access profile development, case studies, profile with tick volume. * Mathematical models: relative strength case study, stochastic, divergence, average directional movement index rating, trend following trading rules. * Point and figure charting: the Count earliest reference, the Count on 1X1 and 1X3 charts, point and figure compared to bar charting. * Commitment to traders report: analysis, seasonally normal graphs, seasonal volume and open interest. * Equity Index case study Administration Details 1. Technical Analysis and Charting _______£ 700 +VAT 2. Advanced Technical Analysis _________£ 700 +VAT Fees include lunch, refreshments and teaching materials. VAT is charged at 17.5%. Venue: All courses will take place in central London. The precise venue will be confirmed and sent to particpants on receipt of registration. Times: Registration is from 8.30 am. Course will start at 9.00 am and will finish at 5.00 pm. Dates: These courses are arranged on various dates throughout the year and on request where there are sufficient registrants. Payment and Contact details: All payments should be made to Market Directional Analysis Ltd, 34 Homer Street, London W1H 1HL, United Kingdom. For registration forms, please either contact them direct on telephone +44 020 7723 0684 or e-mail at or89@dial.pipex.com quoting reference KS/MDA-EE02 or fill in the form below.   First Name Surname E-mail Address Seminar wanted and dates preferred Chris, Mike and Sue Copyright 2000 everythingexplained.com for everythingexplained.com While every care has been taken to ensure accuracy of the content of this site, no responsibility can be taken for any errors or omissions. Viewers are advised to check information published here, and to take legal advice, where appropriate, before following advice here because different countries have different ways of doing things. We hope to make our advice more specific to different countries over time.