Certified Financial Technician

Transcription

Certified Financial Technician
Certified Financial Technician
CFTe 1
What is Technical Analysis?
What is Technical Analysis?
Technical Analysis is a very important science as it deals with crowd
psychology, demand and supply, and teaches investors and traders how
to have discipline when they approach the markets.
The main advantage of technical analysis is that it can be used in all
market circumstances. Given the proper knowledge, experience, and
discipline, an investor can deal with different market situations.
Technical Analysis teaches investors and traders how to control their
risk. Risk is the most important element in this field, and technical
analysis approaches this matter professionally.
From more than 100 year the technical analysis science is recognized
worldwide especially in Europe, America and Asia stock exchanges.
Unfortunately Technical Analysis did not spread in the MENA region as
it should be as it has only started 15 years ago in Egypt
The International Federation of Technical Analysts was established in
the 1980’s. The original members were the Nippon Technical Analysts
Association, the Market Technicians Association, the UK Society of
Technical Analysts, the Technical Security Analysts Society of San
Francisco and the Canadian Society of Technical Analysts.
IFTA was incorporated in the state of Delaware, USA on January 22, 1986;
as a not-for-profit organization to foster education and collaboration
amongst technical analysis societies and associations around the world.
The first IFTA conference was held in Tokyo in late 1988. This provided
an excellent forum for the exchange of ideas on the subject of technical
analysis and its success was followed by a second Conference in London
in October 1989. Since then IFTA has held an annual conference in
different locations throughout the world.
The Technical Analysis VERSUS The Fundamental Analysis
Technical Analysis preparation Program
Technical Analysis studies:
Fundamental Analysis studies:
Study of market action through
the use of charts.
Studies the relevant factors affecting the
share price of a specific company in order to
conclude the intrinsic value of that share.
Studies the effect of the market
movement.
Studies the cause of market movement.
Provides timing.
Due to the tremendous amount of data
most fundamental analysts are specialized
The preparation of CFTe level 1 requires 60 to 90 hours of studying.
And because classroom training adds great boost to the learning
process, the preparation program was designed to be delivered
in 40 hours in 7 sessions. These sessions are delivered in different
modes and pace to match the interest and time schedule of the
potential candidates.
6,900+
Member
Colleagues
Worldwide
A technician can concentrate on
many markets and many trading
areas as desired.
Program outline
1,550+
Certified Finincial
Techniciana
(CFTE)
Session 1
What is Technical Analysis, Philosophy of Technical Analysis?
Premises of Technical Analysis.
107 Master
of Finincial
Technical
Analysis (MFTA)
Crowd psychology, brain of the crowd.
Discipline and rules of protection.
The Technical approach Vs the fundamental approach.
Criticisms of Technical Analysis.
Chart construction.
The Dow Theory.
The Random Walk theory.
Session 2
Trends and how to identify them.
The importance of time dimension
when identifying market trends.
Investment bankers
Capital Markets Professionals
Wealth Managers
Financial Advisors
Banks Account Managers
Financial Analysts
Investors
Brokers
Business & Finance Instructors
Business Students
Session 3
Breakout beyond support and
resistance levels and how to deal with
such situations.
How to invest when a major trend is
underway, the decision making process.
Discipline when dealing with the
concept of support and resistance.
Trend reversals and when to take a
decision based on the different time
dimensions.
Major versus minor support and
resistance levels.
The reversal of role phenomenon.
Linear versus log scales.
Volume and open interest concept.
Support and resistance concepts.
Identifying Trend lines and Channels.
How to identify stronger support and
resistance ranges.
Who should attend this program?
How to trade using trendlines.
When “not” to use trendline.
Price patterns, definition
• Broadening formations and diamonds
Reversal Price Patterns
Short-term versus long-term price
patterns
• Head and Shoulders.
• Inverted head and shoulders.
• Double tops and double bottoms.
• Triple tops and triple bottoms.
• Saucer formation.
Continuation Price Patterns
• Triangles and how to identify them.
• Rectangles.
• Flags and pennants.
• Wedges.
www.scatc.sca.ae
Gaps and when do they appear
• Breakaway gaps
• Continuation gaps
• Exhaustion gaps
• Island reversal
• Common gaps
How to trade the gaps, and their
importance when they appear at the
peaks and bottoms of important reversal patterns?
Program outline
Session 4
Indicators and their importance.
Leading versus lagging indicators.
The logic behind the mathematics.
Moving Averages and their importance.
• Simple moving averages.
• Weighted moving averages.
• Exponential moving averages.
The importance of time dimensions when using moving
averages; the long-term versus short-term moving
averages dilemma.
Bollinger Bands and Envelopes.
Oscillators; definition and importance:
• The momentum indicator and ROC.
• The MACD indicator.
• The stochastic oscillator.
• The RSI.
• William’s % R.
• Pring momentum oscillators.
• Commodity Channel Index.
Other indicators:
• Parabolic SAR.
• The Directional Movement Index: ADX, +DI, -DI.
Volume Indicators
• On Balance Volume.
• Accumulation/Distribution.
• Money Flow Index.
The importance and the psychology behind divergences
Revisiting the importance of discipline when investing
in the financial field
Session 5
Session 6
Elliot waves.
• The basic tenets of the Elliott Wave
Principle.
• The motive waves and the Corrective
waves.
• The rule of alternation.
• Wave personality (impulses and correctives).
• Fibonacci ratios and retracements.
Time Cycles
• Cyclic concept.
• Amplitude, Length, Phase, Harmonicity and Synchronicity.
• Left and right translation.
• How to isolate cycles.
• Seasonal Cycles.
• Combining Cycles with other Technical tools.
Breadth Indicators:
• A-D line.
• McClellan Oscillator.
• Summation Index.
• TRIN.
• Chande breadth indicators.
• Advancing vs. Declining volume.
• New high-new lows index.
Sentiment indicators
• Bullish consensus indicators and market Vane.
• Short interest ratio.
• Debt interest ratio.
• Mutual Funds cash/asset ratio.
• Other sentiment indicators.
Session 7
Candlesticks charting techniques
• One Candlestick reversal formations.
• Two candlesticks reversal formations.
• More than two candlesticks reversal
formations.
• Candlesticks continuation formations.
Point and Figure Charting Techniques
Relative Strength Analysis and its
importance
About CFTe1 exam:
This multiple-choice exam consists of 120 questions covering a wide range of
technical knowledge, but usually not involving actual experience. This exam
is offered in English, French, Italian, German, Spanish, and Arabic, yearround, at testing centers throughout the world through Pearson VUE, IFTA’s
computer-based testing provider.
What are the course dates and timing?
Full day courses start from 8:00 am and ends at 4:00 pm. Evening classes
usually start at 4:00 pm and finish at 8:00 pm. Preparation classes are
intensive, and so participants are expected to demonstrate the highest level
of punctuality and dedication.
How much does the course cost?
The course fees are AED 5000 inclusive of tuition fees and essential study
material. However, additional learning tools, memberships and exam fees
are paid separately in favor of the qualification/accreditation body of
the certificate. UAE nationals may avail to discounts or waiver, subject to
availability.
For information about the offered classes please contact the Securities & Commodities
Training Centre (SCATC) at [email protected] or 800SCAUAE(722823)
www.scatc.sca.ae
Course
CFTe1 Preparation
Language
Arabic
Dates
28th of May- 4th of June
Venue
Securities & Commodities Authority
Training Hall, Abu Dhabi
Expert trainer
Mr. Mohamed Ashraf, Vice President of the
International Federation of Technical
Analysts IFTA
Afternoon Sessions:
28 & 31 of May :
3:30 PM - 9:00 PM
st
nd
rd
th
1 ,2 , 3 , 4 of June: 3:30 PM - 9:00 PM
th
Timings &
Schedule
(40 Learning
Hours)
Fees
Estimated
Learning
Hours
st
Weekend Sessions:
Friday 29th of May:
2:00 PM 7:00 PM
th
Saturday 30 of May: 10:00 PM 7:30 PM
AED 5000 Per participant
4.5 X 2
4.5 X 4
4.5
8.5
40 hours