Course Outline
INTRODUCTION TO
COMMODITY TRADING
NOVICE LEVEL
Basics of Futures Trading
-
Why trade futures?
-
What is a futures
contract?
-
Contract
specifications and price quotations
-
Understanding
"short" and "long" positions
-
Major exchanges and
markets
Bar Chart Analysis
-
Intraday, daily,
weekly and monthly charts
-
Trending vs. trading
range markets
-
Channel
lines
-
Trend
lines
-
Reversal
Days
-
Breakouts
and Pullbacks
-
Identifying reversal
patterns
-
Pattern price
projections and strategies
-
The value of failed
patterns
-
Accumulation and
distribution patterns
-
Trading gaps and gap
theory
-
Fibonacci Numbers:
Time and Price Relationships
-
Fibonacci numbering
sequence
-
Ratios within the
number series
-
Time counts where
previous highs and lows converge
-
Retracement levels
-
Candlestick Chart
Analysis
-
Advantages of
candlestick charts
-
Constructing
candlestick charts
-
Candlestick patterns
-
Combining
candlesticks with other technical indicators
INTERMEDIATE LEVEL
Indicators
Momentum Oscillators and
Timing Signals
-
Stochastics
-
Using
Slow Stochastic
-
Relative
Strength Index
-
MACD
-
Directional
Movement Index
-
Understanding
momentum oscillators
-
Divergence/convergence
timing signals
-
Volume and open
interest studies
Following the Commercials
-
How commercials begin
and end major trends
-
Evidence of
commercials activity from volume and open interest
-
Commercials vs. the
public: the significance of Net Trader positions
-
Trading signals based
on the Commitment of Traders report
-
Net
Traders Positions
ADVANCED LEVEL
Advanced Technical
Analysis
Head & Shoulders
Double Tops and Bottoms
Continuation Patterns
Elliott Wave Theory
Basic Patterns
Moving Averages
EMA
Envelope Filters
Parabolic System
Slow Stochastics
Relative Strength Index
MACD
Directional Movement Index
Fibonacci Analysis
Introduction to Money Management
Money Management Rules
Introduction to Trading Psychology
The Trading Theories
Mechanics of the trade
Order placement
Main components of successful
trading system
Classes and Types of trading
systems
The Theory of Trend
The
Theory of Breakouts
The
Theory of Trading Ranges