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Charting & Technical Analysis for Commodity Markets: CLASSROOM

Course Information

Price£1,950.00 + VAT
Duration2 days
LocationLondon
Available Dates
February 24, 2025Register Now
May 20, 2025Register Now
September 23, 2025Register Now
November 25, 2025Register 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

  • Session 1 - Technical Analysis Basics

- Technical analysis 'thinking'

o History and evolution of charting

o The journey from ticker-tape to big data

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

o Human behaviour and psychology

  • Session 2 - Using a Quote Vendor

- An introduction to ICE Connect

o Familiarisation with the screen

o Overview of various markets

o Types of chart - hourly, daily, weekly, continuation

o Volumes and Open Interest

  • Session 3 - Technical Analysis Basics (continued)

- Building and executing a battle plan

o An introduction to Wave Theory - Fibonacci

o Applying Wave Theory to different assets / timeframes

- Dow Theory

o Charles Henry Dow - what did he tell us?

o The principles of trends

o The importance of confirmation

o "Prices discount everything" - learning to ignore fundamentals

  • Session 4 - Building a Chart

- Everything starts with trends and levels

- Identifying support and resistance (floors and ceilings)

o Long-term, medium-term, short-term levels

o Understanding the relevance of each timeframe

- Identifying trend lines

o Uptrends and downtrends

o Trend channels

- Seeking confirmation of trends

o Data points, volumes

o The trend is your friend - "go with the trend"

o Breaking trends - understanding when the tide is turning

  • Session 5 - Practical Applications

- Q&A session and exercises. Applying what we've learnt to live markets on ICE Connect

o Find the important levels

o Identify the trends

  • Session 6 - Expanding Our View

- How to study the data

o Candlesticks and bar charts

o Hammer and Hanging Man

o Engulfing patterns

o Stars and gaps

  • Session 7 - Searching for Price Targets

- Continuation patterns

o Consolidation - congestion, or building for the next move?

o Flags, Pennants and Triangles - what do they tell us?

o Acting decisively on the break

o Profit targets and stop losses

  • Session 8 - Widening the Scope

- Further data and information

o Seasonal patterns in commodities

o 5, 10, 15, 20-year averages

o Seasonal patterns in calendar spreads

o Commitment of Trader Report - ICE Connect: graphical study

  • Session 9 - Identifying a Change of Direction in the Market

- Reversal patterns

o Double tops and bottoms

o Head and Shoulder patterns

o Fibonacci retracement revisited

  • Session 10 - Practical Applications

- Q&A session and exercises. Applying what we've learnt to live markets on ICE Connect

o Find continuation patterns

o Identify double tops and bottoms

  • Session 11 - Mathematical Indicators

- Trend following indicators

o Understanding the theory of moving averages

o Types of moving average

o Searching for the relevant timeframe

o Identifying trends and trend-breaks

  • Session 12 - Mathematical Indicators (continued)

- Momentum indicators

o Understanding overbought and oversold conditions

o MACD

o Bollinger Bands (and discussion on option volatility)

o Relative Strength Index

o Slow Stochastics