ANALYZE USING DRAWINGS, INDICATORS, AND PATTERNS
The purpose of this course is to provide knowledge, comprehension and application training on Think or Swim trading platform to accurately complete the objectives as stated below.
What you’ll learn
- Define the “Drawings, Indicators and Patterns” needed for setup to Day Trading, Swing Trading or Investing..
- Describe the use and importance of “Drawings, Indicators and Patterns” regarding using these tools to identify market direction and determining a trading plan.
- Identify proper “Drawings, Indicators and Patterns” to maximize opportunities and minimize opportunity costs..
- Demonstrate the process to use “Drawings, Indicators and Patterns” to identify market direction and determine a TREESS trading plan you are comfortable with.
Course Content
- INTRODUCTION –> 1 lecture • 3min.
- LEARN HOW TO USE DRAWING TOOLS –> 3 lectures • 8min.
- LEARN HOW TO USE INDICATORS –> 9 lectures • 17min.
- LEARN HOW TO USE PATTERNS –> 3 lectures • 7min.
- CONCLUSION –> 1 lecture • 1min.
Requirements
The purpose of this course is to provide knowledge, comprehension and application training on Think or Swim trading platform to accurately complete the objectives as stated below.
- Define the “Drawings, Indicators and Patterns” needed to Day Trading, Swing Trading or Invest.
- Describe the use and importance of the analysis from “Drawings, Indicators and Patterns” to identify market direction and determine your trading plan.
- Identify from the analysis of “Drawings, Indicators and Patterns” Day Trade, Swing Trade or Investing opportunities.
- Demonstrate the analysis process to use “Drawings, Indicators and Patterns” to identify market direction and determine your TREESS trading plan that you are comfortable with and best fits for your acceptable risk reward ratio.
After completing this course, you will have analysis skills to use various “Drawings, Indicators and Patterns” regardless if you are a trader or an investor to analyze opportunities for trades. You will also have the analysis skills to know what the “Drawings, Indicators, and Patterns” are you telling you in regards to which direction to trade, either long (buy and sell later at a higher price) or Short (borrow shares at a price from your broker, buy them back at a lower/cheaper price to return those borrowed shares back to your broker, and keep the difference as profit). depending on your trading plan and your intent. More importantly, you will know from the “Analyze Using Drawings, Indicators and Patterns” course content what the common buy and sell points are on the “Drawings, Indicators and Patterns” that institutional and other traders use to determine their entry and exits. This is critical as the “Trend is your friend” and you don’t want to go long in a bear (trending downward) market and you don’t want to short in a bull (trending upward) market.