Thursday, July 8, 2021

H.I.T - Harmonic Patterns, Ichimoku Multi Time Frame System and Trading Psychology & Risk Management

Capital Markets - Technical Analysis

Technical Analysis in financial markets has seen a giant leap with advancement in digital technology. Today we can do research on any asset where data is available and come to conclude on its cycle, trend, outlook, etc. on any time frame. 
To those who are less aware of technical analysis for trading/investing, here is an eye-opener. Its been there now for over 400 years since the first transactions for Tulip trading to Japanese merchants trading in Rice. 
From, projection driven studies like Candlestick theory (deducting market emotion - fear and greed with data) to Elliott Wave Theory, Gann Theory, Classical Patterns, Harmonic Trading Patterns, Fibonacci Extensions & Retracements to oscillator based studies like Ichimoku, RSI, Bollinger Bands, PnF, Adx, MacD, etc. Today we use various charting software which plot data on charts on screen that was earlier done manually on graph paper, guiding us in projecting market direction.
Not only does technical analysis work for those directly involved in investing and or trading of equities, commodities & currencies. It also helps industries & merchants involved in industries where price movement in commodities and or currencies impact their top line and bottom line. Focus on price movement, helps them in taking major decisions regularly.

As mentioned above there are several studies under technical analysis. Some are over a century old while some are couple of decades old. However, new charting software and modernization have made it easy for people to learn, grasp and follow them. Among the several studies, I have been extensively using a few, but two studies which I use extensively and teach via my webinar courses are

Harmonic Trading Patterns 

(click on course for details)

Ichimoku Multi Time Frame System

(click on course for details)

While fundamental & technical analysis increase one's knowledge on the subject, yet both do not cover in detail the essential need for Trading Discipline and Risk Management. Two extremely crucial aspects which are ignored largely by most keen, budding and sadly even traders with decades of experience. We have seen in several movies from Hollywood & more recently from back home about the 1992 Scam  - what stands out in all of them is not just greed which is apparent but complete lack of Risk Management and Trading Discipline. Hence, for every wounded trader and those who wish to learn and start Investing and Trading learning them is a must. Keeping this in mind, I also guide, mentor and train very extensively in

Trading Psychology & Risk Management

(click on course for details)

Send your queries/inquiries to bluechips4u@gmail.com

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H.I.T - Harmonic Patterns, Ichimoku Multi Time Frame System and Trading Psychology & Risk Management

Capital Markets - Technical Analysis Technical Analysis in financial markets has seen a giant leap with advancement in digital technology. T...