Identify mistakes to avoid and talk about the importance of setting up a trading plan to make

sure you
get everything you can market in the complete technical analysis training course will provide
you with
a strong technical analysis Foundation.
We'll go over definition's early so that you understand what we're talking about and we're all
on the
same page throughout the course.
Well talk about reading charts effectively.
You'll learn how to identify trends in a chart and look for key turning points in a stock's
movement.
You learn how to trade safely with support and resistance to the most important aspects of
technical
average can help us know before it's clear on the chart whether a

frames.
Well look an example in a chart just Asika a golden cross which you may have heard
talked about in the
press when a short time frame crosses a much larger timeframe.
So one example would be if a 50 day moving average crosses a 200 day moving
average it doesn't happen
that often in stocks on a daily basis or in markets on a daily basis.
So when that happens you may hear reports about it in the press.
Now how to set up exponential moving averages on a few charts and see how the
indicator works.
We're going to start by looking at the dollar yen currency pair.
We're going to assume we're trading in this currency pair on an hourly basis and as
always we're going
to start with a larger timeframe to get an idea of whether the pair is trading in a
bullish flat or
bearish market.
We can see here on the daily chart the pair move down at the early part of the year
and I'm in a bearish
trend bottle and in the March April time frame and that has moved up through the
July August time frame
in a bullish pattern with a few pullbacks in late May that we're in another pullback
right now.
To me this pattern is fairly neutral.
I wouldn't call it bullish or Beyer's at this point we seem to have some support
around one 10.
We have price action around this level in February again in May and in June the pair
has bounced off
of this level again in mid-August.
So we have a fairly neutral stance with the 110 being something of a support level.
We're not going to look at or our chart before we go to our hourly trading chart for
our chart is fairly