Learn Pure Technical Analysis – Online Course

Learn Pure Technical Analysis with Lara Iriarte, CMT

From the history of technical analysis to how to confidently read a price chart with candlesticks on your own, Lara shows you how to master Technical Analysis.

Introduction

In 2021 my brother in law, Bret, emailed me to ask should he be in or out of the market. He wants to manage his own investments but he’s not sure how to choose which stocks to buy. He knows I’m a Chartered Market Technician so he asked for my help.

I replied to him with a brief technical analysis of the market to answer the question, and he said he wanted to sit down with me to have me teach him the technical analysis basics I used.

“Learn Pure Technical Analysis” online course is dedicated to Bret, and I hope it helps a great many other investors.

This course is designed for beginners. I take you all the way through from the history of technical analysis, how to read a price chart with candlesticks, to a concise and synergistic set of technical analysis tools and methods. In the last lesson I put it all together to show you how to identify if charts illustrate a buying opportunity or not, and how to develop an exit strategy.

What You’ll Learn

In Learn Pure Technical Analysis you will learn:

• How to read a candlestick chart of price over time

• How to use a small coherent and synergistic set of technical analysis tools and methods

• How to analyse a chart to identify if a stock may be a good buy or not

• How to develop an exit strategy if the market goes against you or in your favour

• What investing psychology to be aware of as you invest to avoid common pitfalls

Description

A short course of just over 140 minutes in total covering a basic set of technical analysis tools and methods designed to give investors enough skills to better manage their own funds.

Audience

Anyone new to technical analysis who has funds to invest and wants to be involved in managing those funds themselves.

Materials Required

You will need a computer and an internet connection.

A physical indexed notebook, pencil and eraser, to note down new jargon. Because our brains learn better from a printed page than digital, and the act of writing new words down helps learning.

Course Outline

Lesson 1: History of Technical Analysis
Learning Outcome: To know that technical analysis has a long and respected history.


Lesson 2: Japanese Candlestick Charts
Learning Outcome: To be able to recognise candlestick charts and know the major reversal patterns.

Lesson 3: Trend Lines
Learning Outcome: To be able to draw and use trend lines, to be able to judge the technical significance of trend lines.

Lesson 4: Support and Resistance
Learning Outcome: Be able to identify support and resistance, and know how to use it.

Lesson 5: Moving Averages
Learning Outcome: Be able to use a range of moving averages to identify bullish, bearish and inconclusive looks.

Lesson 6: Volume
Learning Outcome: Understand why volume should support an upwards trend and breakout, but not necessarily a downwards trend or breakout.

Lesson 7: On Balance Volume
Learning Outcome: Understand what On Balance Volume is and how to use it.

Lesson 8: Average Directional Indicator (ADX)
Learning Outcome: Understand how ADX is calculated and how to use it.

Lesson 9: Average True Range (ATR)
Learning Outcome: Understand how ATR is calculated and how to use it.


Lesson 10: Relative Strength Indicator (RSI)
Learning Outcome: Understand what RSI is how and how to use it.

Lesson 11: Buy Low, Sell High
Learning Outcome: Understand how and why most people do not buy low and sell high, and how to avoid this common pitfall.

Lesson 12: Putting it All Together
Learning Outcome: Be able to set up all tools on a Stockcharts account and analyse a new equity to determine if it is a buying opportunity, and how to develop an exit strategy.

Instructor

Lara Iriarte is a Chartered Market Technician with over 15 years experience analysing markets using Elliott Wave and Technical Analysis. Before she started providing Elliott Wave analysis, Lara was a qualified and experienced high school teacher in New Zealand. To read more about Lara, please click here