IFTA,

CFTe I & II Syllabus (Effective 1 May 2014) NOTE: Recommended literature and study guidelines will be added soon. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 21 22 23 25 HISTORY OF TECHNICAL ANALYSIS............................................................................................. 2 PHILOSOPHY OF TECHNICAL ANALYSIS AND MARKETS ........................................................... 2 CHART CONSTRUCTION ............................................................................................................... 2 DOW THEORY................................................................................................................................ 2 CONCEPTS OF TREND ................................................................................................................... 3 CLASSICAL BAR CHART PATTERNS.............................................................................................. 3 SHORT TERM PRICE PATTERNS ................................................................................................... 4 POINT AND FIGURES CHARTING .................................................................................................. 4 CANDLE STICK CHARTING ............................................................................................................ 5 ICHIMOKU CHARTS....................................................................................................................... 5 OTHER CHARTING METHODS ...................................................................................................... 5 MARKET PROFILE.......................................................................................................................... 6 ELLIOTT WAVE THEORY ............................................................................................................... 6 BASIC ELEMENTS OF GANN THEORY .......................................................................................... 6 BASIC QUANTITATIVE TECHNIQUES............................................................................................ 6 MOVING AVERAGES...................................................................................................................... 7 OSCILLATORS AND CONTRARY OPINION ................................................................................... 7 RELATIVE STRENGTH .................................................................................................................... 8 TIME CYCLES ................................................................................................................................. 8 OTHER TECHNICAL IDEAS ............................................................................................................ 9 TECHNICAL SYSTEMS ................................................................................................................... 9 ACADEMIC FINDINGS ON TA .......................................................................................................10 BEHAVIORAL FINANCE & INVESTMENT PSYCHOLOGY .............................................................10

20 VOLUME AND STOCK MARKET INDICATORS.............................................................................. 8

24 SENTIMENT AND CONTRARY OPINION......................................................................................10 26 ETHICS ..........................................................................................................................................10

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 IFTA, CFTe I & II Syllabus (Effective 1 May 2014) NOTE: Recommended literature and study guidelines will be added soon. 1 History of Technical Analysis Early days: Dow, Schabaker, Wykoff 2 Philosophy of Technical Analysis and Markets Technical versus Fundamental Forecasting 3 Chart Construction Types of Charts: Line, Bar, Candle, Point and Figures 4 Dow Theory Basic Ideas Closing Prices and Lines Primary Trend, Secondary Trend, Minor Trend Concept of Confirmation Importance of Volume The Dow Theorys Defects Construction of Charts Arithmetic or Logarithmic Scale Volume, Open Interest Time Frame Technical Approach to Trading and Investing What is a trend and how are they identified? Supply and Demand Assumptions of Technical Analysis Random Walk Theory, Fat Tails, Proportion of Scale Market Efficiency, Prediction of the Future Criticism of Technical Analysis Financial Markets and the Business Cycles Major Publications

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 IFTA, CFTe I & II Syllabus (Effective 1 May 2014) NOTE: Recommended literature and study guidelines will be added soon. 5 Concepts of Trend Definition of Trend 6 Classical Bar Chart Patterns Basics Psychology and Patterns Reversal and Continuation Patterns Patterns and Volume Patterns and Price Objectives / measured moves Head and Shoulder Patterns (normal and reversed) Double Tops and Bottoms Triple Tops and Bottoms Rounding tops and bottoms Saucers and Spikes Directions of Trend Support and Resistance Trendlines and Channels Major Trendlines Fan Principles Strength of a trend Percentage Retracements Consolidations and Corrections Breakouts Speed Lines Unconventional Trendlines Internal Trendlines Regression How does psychology impact trends

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 IFTA, CFTe I & II Syllabus (Effective 1 May 2014) NOTE: Recommended literature and study guidelines will be added soon. 7 Short Term Price Patterns Basics and Pattern construction 8 Point and Figures Charting Basics Chart Construction: Time and Volume Omitted Box Count Box Size and Reversal Filter Price Patterns: Breakouts, Double Tops, Triple Tops Support and Resistance Trendlines Measuring Techniques and Price Objectives Point and Figures and Relative Strength Point and Figures and other Technical Indicators Gaps Spike (wide range bar, low range bar) Dead cat bounce Island reversal Reversal Days Run Days Thrust Days Two-bar or three-bar patterns Triangles (symmetrical, ascending, descending) Diamond Tops Broadening Formation Flags and Pennants Wedge Formation Rectangle Formation Gaps

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 IFTA, CFTe I & II Syllabus (Effective 1 May 2014) NOTE: Recommended literature and study guidelines will be added soon. 9 Candle Stick Charting Basics 10 Ichimoku Charts Basics 11 Other Charting Methods Equivolume
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Chart Construction Bullish Reversal Patterns (i.e. Hammer, Engulfing Patterns, Harami ...) Bearish Reversal Patterns (i.e. Hanging Man, Engulfing Pattern, Dark Cloud pattern ...) Bullish Continuation Patters (i.e. separating Lines, upside Tasuki gap, ...) Bearish Continuation Patterns (i.e. separating line, three line strike ...) Candle Patterns and Filters

Chart and Cloud Construction Turning Line Standard Line Span 1 Span 2 Lagging Line Interpretation of clouds

Swing charts Kagi Charts Renko Charts Three Line Break Charts Heikin Ashi Charts Drummond Geometry

 IFTA, CFTe I & II Syllabus (Effective 1 May 2014) NOTE: Recommended literature and study guidelines will be added soon. 12 Market Profile Basics, Construction and graphics 13 Elliott Wave Theory Basics and History 14 Basic Elements of Gann Theory Basics and History 15 Basic Quantitative Techniques Mean, Variance, Skewness Frequency and Probability Basic Time Series Concepts Random Walk Theory
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Market Profile organizing Principles Range Development and Profile Patterns: Normal day, Trend day, neutral day, non trend day, double distribution day TPO Point of Control Value Area

Principles of Wave Counting Corrective Waves Rule of Alternation Channelling Wave 4 Fibonacci Numbers, Ratios and Retracements Fibonacci Time Targets

Gann Fan Lines Fibonacci numbers and Gann lines Gann Two-Day Swing Method

Last updated: 12/11/2012 (vers. 3)

 IFTA, CFTe I & II Syllabus (Effective 1 May 2014) NOTE: Recommended literature and study guidelines will be added soon. 16 Moving Averages Different Types of Moving Averages (Simple, Weighted, Exponential, Geometric, Triangular ...) 17 Oscillators and Contrary Opinion Principles of Oscillation Oscillator usage and Trend Measuring Momentum Rate of Change Double Moving Averages Commodity Channel Index Relative Strength Index Stochastics Williams %R Directional Movement Indicator Parabolics Moving Average Convergence/Divergence (indicator and histogram)
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Yield Math Concepts Time Value of Money / Present Value Concept Compounding Performance Measurement Test procedures

Moving Average Envelopes Moving Average crossovers Bollinger Bands Bollinger Bands and Bandwidth Moving Averages and Cycles Estimating the Length of a Moving Average Adaptive Moving Average

Last updated: 12/11/2012 (vers. 3)

 IFTA, CFTe I & II Syllabus (Effective 1 May 2014) NOTE: Recommended literature and study guidelines will be added soon. 18 Relative Strength Basics 19 Time Cycles Basics 20 Volume and Stock Market Indicators Measuring Volume and Open Interest Volume and Chart Patterns Volume Signals On Balance Volume Volume Accumulator
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Ratios, Spreads, Rankings, Relative Strength Levy Comparative Relative Strength Relative Performance How to Interpret Relative Strength Charts

Cycle Concept Amplitude, Length, Phase, Harmonicity, Synchronicity Detrending Dominant Cycles Cycles and Trends Left and Right Translation How to Estimate Cycles Seasonalities Stock Market Cycles Fourier Analysis Maximum Entrophy Spectral Analysis

Last updated: 12/11/2012 (vers. 3)

 IFTA, CFTe I & II Syllabus (Effective 1 May 2014) NOTE: Recommended literature and study guidelines will be added soon. 21 Other technical Ideas CoT Data Filtering 22 Technical Systems Construction Typical elements Proper testing Evaluation Optimisation Typical systems Trend indicators Volatility Indicators Range / Momentum Indicators Cyclical Indicators Hurst Exponent DeMark Indicators = fixed Pattern systems Measuring Market Breadth Comparing Market Averages Advance-Decline Line and Divergence Different Time frames McClellan Oscillator New Highs Versus New Lows Upside versus Downside Volume Arms Index TRIN and TICK Equivolume Charting

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 IFTA, CFTe I & II Syllabus (Effective 1 May 2014) NOTE: Recommended literature and study guidelines will be added soon. 23 Academic findings on TA Testing procedures 24 Sentiment and Contrary Opinion Principle of contrarian Opinion 25 Behavioural Finance & Investment psychology Prospect Theory 26 Ethics Typical Behavioural Effects Single Investors Behaviour Crowd Behaviour and the Concept of Contrary Opinion Investor Sentiment readings Investor Intelligence Numbers Commitments of Trades Report Net Traders Positions Open Interest in Options Put/Call Ratios Polls Insiders Investors Psychology Individual and Group Testing objectives Efficient Market Hypotheses

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