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An introduction to

PICKING DIRECTION

TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate
authorised representative ...
Most trading decisions are made by
understanding the direction of the
underlying asset.

TradersCircle Pty Ltd, ABN 65 120...
There are two main forms of price
movement analysis…

TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate
authorised ...
Technical
Analysis

TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate
authorised representative of OzFinancial Pty ...
In a nutshell, technical looks
at price and fundamental
looks at value.
Technical Analysis considers:
Current price
Price

Historical price
Price trends & patterns

TradersCircle Pty Ltd, ABN 65...
Technical analysis is looking
at the price, without taking
into consideration what the
company is and does.

TradersCircle...
Fundamental Analysis considers:
Company results
Value

Industry reports
Product/service demand

TradersCircle Pty Ltd, ABN...
Traders tend to
use technical
analysis to make
decisions.
Why?

TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate
a...
Technical analysts believe past price
movements and sentiment can give
insight into future movements.

TradersCircle Pty L...
We analyse the price by using
charts.

Lorem
Ipsum
Dolor
Charts visually represent the price
movement of a stock.

TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate
authori...
These movements can
allow traders to interpret
direction through patterns
and formations.

TradersCircle Pty Ltd, ABN 65 1...
To interpret a chart, traders first
determine where support &
resistance are...

TradersCircle Pty Ltd, ABN 65 120 660 497...
Support is the lowest price traders are
willing to sell before the buyers come in
and start buying the stock.
Support

Tra...
Resistance is the highest price traders
are willing to buy before the sellers come
in and start selling the stock.

Resist...
The trend is the overall direction of the
stock over a longer period of time.
Trend

TradersCircle Pty Ltd, ABN 65 120 660...
Sometimes a stock moves neither up nor
down, but channels between its support
and resistance.

Channel

TradersCircle Pty ...
Technical analysts look at different charts
depending on what they need to know.

TradersCircle Pty Ltd, ABN 65 120 660 49...
Open High Low Close Chart
The daily OHLC price bar
represents one day of trading.

TradersCircle Pty Ltd, ABN 65 120 660 4...
A closer look
at the OHLC
price bar...

Highest
Price
Close
(Current
Price)

Open
Price
Lowest
Price
TradersCircle Pty Ltd...
Candlesticks Charts show the same
information as OHLC, but highlight the
relationship between opening and closing
prices.
...
They show a clearer picture of who is in
control of the stock, and reveal patterns
that other charts don’t show.

TradersC...
A closer look at candlesticks...
Highest price
Closing price

Highest price
Opening price

Opening price
Lowest price

Clo...
Line charts are a simple way of viewing
price movement, and are helpful to
identify support, resistance and the
overall tr...
By using technical analysis,
you can look at price
movement objectively...

TradersCircle Pty Ltd, ABN 65 120 660 497 is a...
And develop a systematic
and methodical approach to
picking direction.

TradersCircle Pty Ltd, ABN 65 120 660 497 is a cor...
But ensure that you understand
and practise it before using real
money.

TradersCircle Pty Ltd, ABN 65 120 660 497 is a co...
Would you like to learn how a
professional trader uses Technical
Analysis to pick direction?

TradersCircle Pty Ltd, ABN 6...
Learn the step-by-step
approach a professional
trader uses to pick direction...

Register your details to learn more
about...
Warnings and important information.
Any advice contained in this communication is general only and does not consider your
...
Learn the step-by-step
approach a professional
trader uses to pick direction...

Register your details to learn more
about...
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Technical Analysis for Traders - Concise guide to picking direction.

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As Traders, it’s important to have tools to help you to determine which direction the market is heading.

When we can form a view of direction, we can then identify trading opportunities and choose a strategy to help profit from the movement.

To do this, we use Technical Analysis. Technical analysis is the interpretation of the signals the market gives us, such as patterns, trends and price movements.

Whether you’re a beginner or an experienced trader, coming to terms with technical analysis is an essential part of your trading plan.

Learn more about our trading education programs bu visiting our website: http://traderscircle.com.au/

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  1. 1. An introduction to PICKING DIRECTION TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders traders circle circle
  2. 2. Most trading decisions are made by understanding the direction of the underlying asset. TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  3. 3. There are two main forms of price movement analysis… TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  4. 4. Technical Analysis TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 Fundamental Analysis traders circle
  5. 5. In a nutshell, technical looks at price and fundamental looks at value.
  6. 6. Technical Analysis considers: Current price Price Historical price Price trends & patterns TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  7. 7. Technical analysis is looking at the price, without taking into consideration what the company is and does. TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  8. 8. Fundamental Analysis considers: Company results Value Industry reports Product/service demand TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  9. 9. Traders tend to use technical analysis to make decisions. Why? TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  10. 10. Technical analysts believe past price movements and sentiment can give insight into future movements. TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  11. 11. We analyse the price by using charts. Lorem Ipsum Dolor
  12. 12. Charts visually represent the price movement of a stock. TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  13. 13. These movements can allow traders to interpret direction through patterns and formations. TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  14. 14. To interpret a chart, traders first determine where support & resistance are... TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  15. 15. Support is the lowest price traders are willing to sell before the buyers come in and start buying the stock. Support TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  16. 16. Resistance is the highest price traders are willing to buy before the sellers come in and start selling the stock. Resistance TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  17. 17. The trend is the overall direction of the stock over a longer period of time. Trend TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  18. 18. Sometimes a stock moves neither up nor down, but channels between its support and resistance. Channel TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  19. 19. Technical analysts look at different charts depending on what they need to know. TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  20. 20. Open High Low Close Chart The daily OHLC price bar represents one day of trading. TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  21. 21. A closer look at the OHLC price bar... Highest Price Close (Current Price) Open Price Lowest Price TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  22. 22. Candlesticks Charts show the same information as OHLC, but highlight the relationship between opening and closing prices. TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  23. 23. They show a clearer picture of who is in control of the stock, and reveal patterns that other charts don’t show. TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  24. 24. A closer look at candlesticks... Highest price Closing price Highest price Opening price Opening price Lowest price Closing price Lowest price TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  25. 25. Line charts are a simple way of viewing price movement, and are helpful to identify support, resistance and the overall trend. TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  26. 26. By using technical analysis, you can look at price movement objectively... TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  27. 27. And develop a systematic and methodical approach to picking direction. TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  28. 28. But ensure that you understand and practise it before using real money. TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  29. 29. Would you like to learn how a professional trader uses Technical Analysis to pick direction? TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  30. 30. Learn the step-by-step approach a professional trader uses to pick direction... Register your details to learn more about our trading courses. TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  31. 31. Warnings and important information. Any advice contained in this communication is general only and does not consider your objectives, financial situation or needs, and you should consider whether it’s appropriate for you. If you are thinking about acquiring a financial product, you should consider our Financial Services Guide (FSG) at www.traderscircle.com.au and the relevant Product Disclosure Statement (if there is one available) first. Trading options is not suitable for everyone. There is a risk that you can lose more than the value of a trade or its underlying assets. You should only act on our recommendations if you are confident that you fully understand what you are doing. Past returns do not reflect future returns, and it is also possible to make significant losses. We employ expert traders and use strategies that maximise returns and minimise risk. However, there is always a risk of loss when trading and investing. This is general information, and is not prepared for your specific investment objectives, financial situation or needs. Consult a licensed investment adviser before making investment decisions. TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041. TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
  32. 32. Learn the step-by-step approach a professional trader uses to pick direction... Register your details to learn more about our trading courses. TradersCircle Pty Ltd, ABN 65 120 660 497 is a corporate authorised representative of OzFinancial Pty Ltd, AFSL number 241041 traders circle
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