股票外汇技术分析英文版ppt (2)

《股票外汇技术分析英文版ppt (2)》由会员上传分享，免费在线阅读，更多相关内容在行业资料-天天文库。

1、BrainTeasersYouhave8redand16bluesocks.There’snolightinyourroom,soyouhavetochooseyoursocksinthedark.What’stheminimum#ofsocksyouneedtochoosetoensureyouhaveatleastamatchingpair.AnswerThreeTwosockscanbedifferent,butathirdmustmatchoneofthefirsttwoTechnicals+Algo.Trading3WhatisTechnicalAnal

2、ysis(TA)Whatdeterminesthepriceof____?Fundamentalvs.TechnicalAnalysisFundamentals=ValuationsTechnicals=MarketActionTAisprobabilisticSaysthatthisis“likely”tohappen4AssumptionsPricesSOMETIMESmoveintrends“Marketsmaywitnessextendedperiodsofrandomfluctuation,interspersedwithshorterperiodsof

3、nonrandombehavior.Thegoalistoidentifythoseperiods”–ShcwagerHistoryrepeatsitselfBecauseofmarketpsychologyMarketefficiency5ChartingPatternsVisualizepricemovementsCanbesimple“eyeballingintuition”orlookingforspecificpatternsManychartsuseCandlesticks6EyeballingTradeonup/downtrendsBreakssup

4、port/resistance7HeadandShoulders8HeadandShouldersTarget=High/lowpoint-/+necklineThemoreleveltheneck,themorereliablethepattern9DoubleTop/BottomHavetokeeptightstopsincasesupport/resistanceisbroken10CombinationPatternsStrongsignal11HookReversalMostreliableafterstrongtrends12Hammers13RSIM

5、omentumindicatorShowsbreakoutsortrendreversalsLeadingindicatorRSI=Avgclosesup/Avgclosesdown14,16,9,25daylookback14MACDMomentumindicatorLaggingindicatorMACD=differenceb/wfastandslowmovingaveragesGenerally12,26periodEMA’sSignalline9periodEMACanturnintoleadingindicatorWorksbestwhenusedwi

6、thanotherindicator15MACD16BollingerBandsPrice/VolatilitylevelsovertimeConsistsof3bandsUsually20barSMA,2stddevsGivesarelativelevelofhigh/lowMultiplewaysoftradingMosteffectiveisrangetradingduringlowvolperiodsOptionsimplicationstoo17BollingerBands18WhentouseTA“Intheshortrun,themarketisav

7、otingmachine,butinthelongrun,itisaweighingmachine.”–BuffetEntry/ExitpricesAlgorithmicTraders(computers)MarketsCurrencies=GreatFutures=GreatStocks=Decent19AlgorithmicTradingAllyouknowispricesUnderstandablewhyalgorithmsalmostalwaysaretechnicalsbasedAllalgoshaveathesisbehindthem(whenXhap

8、pens,