Charting and Technical Analysis for Commodity Markets

This is a two-day course for which no knowledge of Technical Analysis is required. Great emphasis is placed upon the practical application of Technical Analysis to trading and hedging activities i.e. how does a trader think? Real-time examples and real-world trading tools are used throughout the course.
ICE Connect provides futures data and charting tools along with a wide array of other analytical utilities. In addition to providing data from ICE itself, prices from other exchanges are also available.


Course Information

Price £1,600 + VAT
Duration 2 days
Location London
Available Dates
Sep 24 2019  Register Now
Nov 26 2019  Register Now

Who Should Attend

  • Recommended for anyone who would like to gain an understanding of the principles and applications of charting techniques
  • Futures and options brokers or dealers
  • Trading companies, banks, brokers, commodity producers, consumers, refiners, distribution and storage companies
  • Market regulators and government departments
  • Fund managers and investors

Booking Information

Tel: +44 (0) 20 7065 7706

Course Content

Day 1

  • The history and evolution of Technical analysis

- From 16th century rice traders to 21st century big data

- Patterns vs numbers - 'every picture tells a story'

- Human behaviour and psychology - truly understanding prices

- Building and executing a battle plan

- Fibonacci retracements - understanding wave theory

  • Dow Theory - learning a methodical approach

- 'Prices discount all other information' ignore fundamentals

- Classic chart analysis - trend lines and channels

- Support and resistance - discovering price floors and ceilings

- Exercises in live markets

- Working as a team to understand what the market is telling us

- Seeking confirmation of trends and signals

- Learning not to fight market trends

  • Building a chart - which tools do we use?

- Recording the data - candlestick charts

- Gaining information from candlestick shapes

- Finding the levels and trends

- 60 minute charts, daily charts and long term charts

- Volume and open interest - interpreting the data

Day 2

  • Trading Strategy

- Entry points and stop points

- Searching for targets - profit points

- Continuation patterns - flags, pennants and triangles

- Consolidation - being aware of the next move

- Reversal patterns - the turning points in the market

- Head and shoulder patterns plus double tops and bottoms

- Fibonacci retracements revisited - catching the bounce

- Market gaps - planning ahead after shock moves

- Combining the Commitment of Traders report with a technical view

  • Mathematical Indicators

- Trend following indicators vs momentum indicators

- Understanding the theory behind moving averages

- Undertaking research - searching for the relevant moving average

- Simple but effective signals from moving averages

- Momentum indicators - definitions and types

- Understanding overbought and oversold conditions

- MACD, Bollinger Bands, RSI and Stochastics

- Choosing your indicator - adapting to market conditions