Covering the basic tools you need to analyse trend and price action.
Stephen Hoad shows you how to use Moving Average Convergence Divergence (MACD) indicators, Commodity Channel Indices (CCI), the Relative Strength Index (RSI) and Stochastics to decode the latest price action and identify ways to trade.
You’ll discover how to spot trends and use momentum to time your trades, as well as learning to spot overbought and oversold levels on different indicators.
Check out the rest of our technical analysis course here:
Part 1: Rules you need to know and the big questions
Part 2: Essential Chart Knowledge – The Basics
Part 3: Direct Price Analysis (DPA) Tools
Part 4: Price Confirmation Tools Part – Trend & Momentum
Part 5: Volume, Volatility, and Sentiment
Part 6: Alternative Concepts – New Approaches to Technical Analysis
Part 8: Strategy Design and Implementation
Risk Warning and Disclaimer: This article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform. Trading Contracts for Difference (CFDs) involves high leverage and significant risks. Before making any trading decisions, we recommend consulting a professional financial advisor to assess your financial situation and risk tolerance. Any trading decisions based on this article are at your own risk.
