Premium Technical Analysis Course : 3 Time Frames, 6 Chart Patterns — Welcome to The Game + ELI5
Hello friends,
Welcome to the exclusive launch of my Premium Technical Analysis Course.
This elite program reveals the advanced strategies and technical analysis methods that have driven my hedge fund to achieve a remarkable 60%+ return in the past 12 months.
Edit: Added an ELI5
Using TradingView platform, we will meticulously analyze stocks across three critical timeframes: 1 day, 5 days, and 30 days.
If you are confused by terms like Stochastic RSI, Resistance Levels, or the Ichimoku Cloud, this is the place for you.
I will explain complex terms using simple words.
You don’t need to use TradingView, and you will still learn a lot, but If you get TradingView it make things much easier.
You can find out how to get grandfathered into the 60% off the Premium annual TradingView plan forever here. You need the Premium tier to use all the features that I’m using.
Timeframes
In this premium course we will focus on three crucial timeframes:
1 Day - For immediate market movements, day trading, and short-term trends.
5 Days - For medium-term trend analysis, offering a broader market perspective.
30 Days - For long-term trend identification and comprehensive market analysis.
Key Indicators and Patterns
Here’s a detailed look at some of the tools and techniques we will master:
Bill Williams' 3 Lines
Analyze Volume and three Moving Averages to identify market trends and reversals. This method helps in discerning market psychology and momentum.
Displaced EMA
Utilize Volume and a shifted Exponential Moving Average (EMA) to predict future price movements with precision. The displaced EMA offers an edge in identifying emerging trends before they become apparent on standard charts.
MA Exp Ribbon
Study Volume in conjunction with eight Exponential Moving Averages (EMAs). This ribbon technique provides a nuanced view of market trends, showing the strength and direction of price movements with granularity.
Oscillators
A comprehensive examination of oscillators such as Stochastic RSI, Relative Strength Index (RSI), and Commodity Channel Index (CCI), integrated with Volume. These tools are essential for detecting overbought or oversold conditions and timing market entries and exits.
Swing Trading
Master the art of swing trading through Zig Zag, Pivots, Pivots HL, and Volume analysis. This approach is designed to capture short to medium-term market movements, maximizing profit potential from price swings.
Volume-Based Analysis
Dive deep into volume-based indicators such as Commodity Channel Index (CCI), On Balance Volume (OBV), Rate Of Change (ROC), and Chaikin Money Flow (CMF). These indicators are critical for understanding underlying market strength and validating price trends.
ELI5: Understanding Timeframes, Indicators, and Patterns in Trading
Timeframes
In this course, we'll focus on three important timeframes to help you understand the market better:
1 Day
Purpose: To see immediate market movements and trends within a single day.
Use: Useful for day trading and understanding short-term market changes.
5 Days
Purpose: To analyze medium-term trends, giving a broader view of the market over several days.
Use: Helps in identifying trends that last a bit longer, like a week.
30 Days
Purpose: To identify long-term trends and perform in-depth market analysis over a month.
Use: Useful for seeing bigger market movements and long-term trends.
Key Indicators and Patterns
Here are some tools and techniques you'll learn to use:
1. Bill Williams' 3 Lines
What It Does: Uses Volume and three Moving Averages to spot market trends and reversals.
Why It's Important: Helps understand market psychology and momentum.
2. Displaced EMA (Exponential Moving Average)
What It Does: Uses Volume and a shifted EMA to predict future price movements accurately.
Why It's Important: Helps identify new trends before they show up on regular charts.
3. MA Exp Ribbon (Moving Average Exponential Ribbon)
What It Does: Uses Volume with eight EMAs to give a detailed view of market trends.
Why It's Important: Shows the strength and direction of price movements in detail.
4. Oscillators
What They Are: Includes tools like Stochastic RSI, Relative Strength Index (RSI), and Commodity Channel Index (CCI).
Why They're Important: Helps detect when a stock is overbought (price too high) or oversold (price too low), timing market entries and exits.
5. Swing Trading
What It Does: Uses Zig Zag, Pivots, Pivots HL, and Volume to capture short to medium-term market movements.
Why It's Important: Aims to profit from price swings over a few days to weeks.
6. Volume-Based Analysis
What It Includes: Tools like Commodity Channel Index (CCI), On Balance Volume (OBV), Rate Of Change (ROC), and Chaikin Money Flow (CMF).
Why It's Important: Helps understand the real strength behind market moves and confirms price trends.
Summary: This course will teach you how to use different timeframes (1 day, 5 days, 30 days) to understand market movements better. You'll also learn to use various indicators and patterns like Bill Williams' 3 Lines, Displaced EMA, MA Exp Ribbon, Oscillators, Swing Trading techniques, and Volume-Based Analysis. These tools will help you spot trends, understand market psychology, and make informed trading decisions.
Why TradingView is Essential
While there are various tools available for technical analysis, TradingView stands out as exceptionally user-friendly and powerful. I highly recommend using TradingView for this course for these 2 particular reasons:
Built-in Indicators: All the sophisticated patterns and indicators we will discuss are readily available on TradingView. With a single click, you can add them to your charts, making analysis fast and efficient.
Auto Charts: TradingView’s auto chart feature automatically identifies and plots chart patterns for you, using AI. This saves time and ensures you never miss important formations like head and shoulders, triangles, or flags.
While you can use other tools for technical analysis, the integration and ease of use that TradingView offers make it an indispensable tool for this course.
First lesson in a couple of days.
And, now, you guys can choose which ticker we will analyze in the first lesson:
Here's to buying low, selling high!
Jack from the Daily Moat