Technical Analysis: Intermediate
Level 2 of the technical analysis course. Foundations taught the pieces — structure, levels, candles, patterns, indicators. This level puts them together: reading three timeframes in order, what volume can and cannot tell you in a CFD market, how the trading day is structured, which instruments move together, and how the pieces become a setup you can test. Assumes the Foundations course.
Intermediate 18 of 18 parts
Level 2 of 3. Assumes the Foundations course — structure, patterns and the core indicators — and puts the pieces together into a setup you can repeat.
Multi-timeframe analysis
- Top-down analysis: reading three timeframes in a fixed order
- Higher-timeframe levels: carrying the daily chart down to the hourly
- Multi-timeframe confluence: what agreement between charts is worth
- When timeframes disagree: pullback, or the start of a reversal?
Volume and participation
- Tick volume in forex and CFDs: what it measures and what it cannot
- Volume at breakouts and climaxes: confirmation or exhaustion?
- Effort versus result: when heavy volume moves price very little
Session behaviour
- Session opens and the Asian range: how a trading day is structured
- Session reference levels: yesterday's high and low, the daily open and the week
- Daily candles and server time: why your chart differs from someone else's
Correlation between instruments
- Correlation between instruments: what moves together, and for how long
- The dollar leg: why the major pairs are often one trade
- Relative strength across pairs: choosing the pair by comparing its legs
- Correlated positions: when two trades are one
Building a repeatable setup