Receive a £100 (7% discount) from the cost of the STA Home Study Course from AlphaMind.
The STA Home Study Course© is the STA’s proprietary e-learning course. Although website based, it is fully downloadable and may be used online or offline by PC, Mac, iPad or Android machines. The course covers the syllabi for both the Part 1 and the Part 2 examinations, offers 15 subject teaching units written specifically for it by leading market technicians. Each unit includes exercises to self-test progress. In addition, the course offers an exam preparation module and a set of past Part 2 exam papers, as well as a supplement containing advice on technical analysis report writing.
The HSC comprises the following units. (For more detail on the authors, please click on their names).
1. Foundation
Fundamental, quantitative and technical analysis compared; support and resistance; chart patterns and trend lines; Fibonacci targets; time frames.
2. Chart Types
Construction of the five main chart types; detailed coverage of line charts (including relative strength) and bar charts; price and volume; equivolume charts; scaling.
3. Point and Figure Charts
In-depth tuition in the construction and application of point and figure charts; point and figure-based relative strength, market breadth and moving averages.
4. Candle Charts & other Japanese charting techniques
In-depth tuition in candlestick construction and interpretation; over 80 candle lines/patterns illustrated and explained; section on Heikin-Ashi, 3-line Break, Renko, and Kagi charts.
5. Dow Theory and Market Breadth
Development and principles of Dow Theory; use of market breadth measures, including various advance-decline measures, stocks vs their moving averages and net new highs.
6. Moving Averages
Construction and application of different moving average types; envelopes; Bollinger Bands; the Coppock curve.
7. Momentum Indicators and Oscillators
Construction and application of momentum indicators and oscillators including RoC, RSI, Stochastics, MACD, Parabolic SAR, ATR, Directional Movement, CCI.
8. Cycles
Background history to time cycles; construction and application of cycles in financial markets.
9. The Elliott Wave Principle
Philosophical foundations; the fractal structure; psychology; nomenclature; motive and corrective waves; channelling; phi; the alternative waves issue.
10. Basic Elements of Gann Theory
Gann’s swing chart; retracements; ‘magic’ squares; fan lines.
11. Market Profile®
Background methodology; plotting Market Profile®; key components; the market’s auction process; day structures; early evaluation of the day’s trading action; alternative formats.
12. Ichimoku Charts
Cloud chart construction and interpretation; multiple time frame analysis.
13. Market Psychology, the Trading Plan and Money Management
Market psychology and investor sentiment; trading plans and money management; money management formulae.
14. Managing Risk and constructing a quantitative Trading System
More on money management including using technical analysis to control trading risk; the construction, testing, evaluation, optimization and management of technical systems.
15. Behavioural Finance
Case study: the 2007 financial crisis; EMH; behavioural economics and behavioural finance; behavioural biases and non-conscious behaviours; prospect theory.
Exam Prep
Guidance on the Part 1 exam; advice on Part 2: what examiners look for, timing plan, annotating charts, different ways to structure the answer to Question 1, an example of chart annotation and report writing.
Report Writing
Advice on writing professional technical analysis reports and commentaries.
To Take Advantage of the 'AlphaMind' Discount:
Visit the STA Home Study Course page here or go to this link direct: https://www.technicalanalysts.com/education/hsc/. When purchasing the programme, enter the promo code ALPHAMIND
You must be a member of the STA to use the HSC or sit STA exams. The costs of membership is £75 per annum. Membership will entitle you to many of the benefits of STA programme, you can view those and become a member at this link.