Fundamentals of Technical Analysis - TA 

CPE Credits Awarded: 16
Categories: Trading, Derivatives, Hedging and Risk Management

Course Date Duration Venue Price Registration Deadline Register
Open date - Not scheduled. Please enquire.
TA

COURSE SUMMARY

Take the mystery out of common technical indicators! You will learn what's behind this analysis technique and how you can make it work for you every time you trade. Understanding and using technical analysis is important to hedgers as well as speculators.

We'll show you all of the many common indicators. Delegates will learn what they are and how the experts use them. We’ve included a trading simulation where you will actually be making trading decisions based on technical indicators.

Includes Online Pre-study Module
This course is accompanied by a preparatory course available online. Delegates will receive a web voucher as part of their joining instructions upon confirmation of registration. By taking advantage of this "blended" learning approach, in-class time and learning are optimized.

WHO SHOULD ATTEND?

This two-day workshop is perfect for those who want to further their futures trading skills or better understand the methods of major market players. Understanding and using technical analysis is important not only to speculators but hedgers as well.  Delegates include everyone from trade staff support, quantitative analysts, programmers, marketing/sales, and traders to senior management.  This programme deals with many different energy commodities.

COURSE CONTENTS

  • The real definition of technical analysis
  • Technical analysis vs. fundamental analysis
  • Using technical analysis for trading discipline, quantifying and managing risk, and coordinating with fundamental analysis
  • The formula for trading success: combining technical analysis with good money management and risk management discipline
    • Chart-based technical analysis:
    • Types of charting:  bar charts, line charts, Market Profile, candlesticks, point and figure
    • Trend lines
      • How to draw trend lines
      • Valid vs. non-valid trendlines
    • Support and resistance
    • Price channels
    • Retracements, including Fibonacci retracements
    • How to analyze and use volume and open interest
    • Reversal patterns including hook reversals and key reversals
    • Candlestick reversal patterns
    • Chart patterns including gaps, double tops and bottoms, head and shoulder reversals
    • Additional patterns including flags and triangles
    • The characteristics of the Elliot Wave Theory
  • Mathematical technical analysis
  • Objective technical analysis vs. subjective chart-based analysis
  • The characteristics of trend-following indicators
  • Calculating and using multiple types of moving average
  • Using moving averages to develop a rules-based objective trading system
  • Using MACD and Directional Movement
  • Counter-trend indicators including Moving Average Oscillators, MACD Oscillator, Stochastics, RSI, and Bollinger Bands
  • How to combine indicators and approaches
  • Hedging with technical analysis
  • Speculating with technical analysis
  • Mechanical trading system development: trend following, counter trend, avoiding the pitfalls of data mining and curve fitting, and combining non correlated trading systems
  • A multi-round trading simulation reinforcing the application of the techniques and indicators introduced throughout the course.

FACULTY

Larry G. Lawrence, President of Enterprise Risk Consulting, LLC, has over 30 years of experience in energy risk management and trading. His experience includes financial trading in energy and equity markets, physical and financial risk management and trading consulting, physical and financial portfolio management, technical and options analysis, corporate education, advisory service publishing, and institutional sales.

Mr. Lawrence has extensive experience in trading and risk management implementation for energy companies. His experience includes hedge strategy development, tactical trading assistance, the development of trading and risk management policies, procedures, and control structures, the review and assessment of risk management programs, risk and performance measurement, risk assessment, trading and risk system selection and implementation, transaction structuring, real option valuation and modeling, market structuring, development of forward price curves and term structures of volatility, credit risk management, and trading and risk management education.

His work includes the evaluation and development of risk system functionality to support internal and external compliance with risk policies. He has developed and delivered educational material covering physical and financial instruments, physical power, natural gas and oil markets, physical and financial trading and hedging, option valuation, hedging with options, the development of a risk management program, trading controls, value at risk, technical analysis, technical trading, and basis trading.

Mr. Lawrence has worked with many public power agencies in the South Central, North Eastern, and Western regions of the U.S., assessing and developing hedging strategies and risk management policies and controls, conducting trader training, and advising on the development of physical supply portfolios, renewable power, congestion risk management, and financial hedging instruments. He has worked with local distribution companies to develop control and reporting processes for physical natural gas trading and hedging, regulatory risk management, transportation asset development, and natural gas marketing strategies.  Mr. Lawrence has assisted industrial energy consumers in assessing their energy-related risks, in developing strategic hedging frameworks, and in implementing supply procurement programs.

Mr. Lawrence worked extensively with investor-owned electric utilities during the late 1990s and early 2000s, implementing hedging programs; developing and implementing hedge optimization models, asset valuation models, risk models, and performance measurement models; developing risk management and business strategies for retail providers; implementing credit risk management programs, and training power and fuel traders. Mr. Lawrence holds the BS in Communications from the University of Texas at Austin. He is registered with the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) as a Commodity Trading Advisor (CTA), and with the State of Texas as an Investment Advisor.

TESTIMONIALS

“Very well explained. The hands on component was excellent.” B.W., Greyhawke Resources

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Mennta Energy Solutions (formerly The Oxford Princeton Programme, Inc.) is not affiliated with Princeton University, Oxford University, or Oxford University Press.