Various Chart Analysis techniques and some resources
There are many resources available for chart analysis in futures trading. Some options include:
Technical analysis software: There are many software programs available that can help traders analyze charts and identify trends and patterns. Some popular options include TradingView and Thinkorswim.
Trading forums and online communities: There are many online communities where traders can share ideas and discuss chart analysis techniques. These can be a resource for learning about different approaches to chart analysis and getting feedback on your own analysis. Just be cautious and ensure that the community is knowledgeable. Always ask for broker-backed statements before you take anyone’s advice!
Educational resources: Many brokerage firms offer educational resources on chart analysis, including webinars, tutorials, and articles. These can be a good way to learn about different chart analysis techniques and how to apply them to your trading.
Books and courses: There are also many books and courses available that can teach you about chart analysis in futures trading. Some options include "Technical Analysis of the Financial Markets" by John J. Murphy and "Trading in the Zone" by Mark Douglas.
Additional resources:
Here are a list of chart analysis techniques that you can research to get you started!
Support and Resistance
Trend Lines
Trend Channels
Japanese Candlestick
Basic Japanese Candlestick Patterns
Candlesticks with Support and Resistance
Fibonacci Trading
Fibonacci Retracements
Using Fibonacci Retracement with Support and Resistance, Trend Lines, Japanese Canclesticks
Fibonacci Extensions
Fibonacci Timing
Moving Averages
Simple Moving Average
Exponential Moving Average
Using Moving Averages to find the trend
Using Moving Average Crossovers to enter trades
Using Moving Averages as Dynamic Support and Resistance
Using Moving Average Envelopes
Analyze Trends with Moving Averages
Popular Chart Indicators
Bollinger Bands
Keltner Channels
MACD Indicator
Parabolic SAR
Stochastic Indicator
Relative Strength Index (RSI)
Williams Percent Range
ADX (Average Directional Index)
Oscillators and Momentum Indicators (two types: Leading and Lagging)
Leading Indicators
Lagging Indicators
Using Oscillators to warn end of trend
MACD to confirm trend
Important Chart Patterns
Double Tops
Double Bottoms
Head and Shoulders
Wedge Patterns
Rectangle Patterns
Bearish Pennants
Bullish Pennants
Triangle Chart
Pivot Points
How to calculate Pivot Points
How to use Pivot Points for Range Trading
How to use Pivot Points to trade breakouts
How to use pivot points to measure market sentiment
Heiken Ashi
Heikin Ashi Candlestick vs Traditional Japanese Candlestick
Limitations of Heikin Ashi
Elliott Wave Theory
Impulse Waves
Corrective Waves
Fractals: Elliott Waves within an Elliot Wave
Rules of Elliott Wave Theory
Divergences
Trading Divergences
Regular Divergences
Hidden Divergences
How to trade Divergences
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