(TECHNICAL ANALYSIS)

BY TALADHOON.COM

PRESENT FXFRIEND.COM

Creative By JupiterFX

(Introduction)

2

1. (FUNDAMENTAL ANALYSIS) 2. (TECHNICAL ANALYSIS)

3

1.

2.

3.

BAR CHART (DEMAND) (SUPPLY) (PRICE PATTERN) 3

(REVERSAL TREND) (CONTINUATION TREND) (SIDEWAYS PATTERN)

(REVERSAL TREND) 7

(V FORMATION) (HEAD & SHOULDERS) (DOUBLE/TRIPLE BOTTOMS &

DOUBLE/TRIPLE TOPS) (THE ROUNDING TURN) (BROADENING TRIANGLE) (GAP) (ISLAND)

(V FORMATION) V (V-Bottom) V (V-Top) V KEY REVERSAL DAY V (ISLAND) (ISLAND)

(HEAD & SHOULDERS) (HEAD & SHOULDERS TOP) 3 (HEAD) (SHOULDERS) (NECKLINE) (NECKLINE)

(HEAD & SHOULDER BOTTOMS) HEAD & SHOULDER TOPS (NECKLINE)

(COMPLEX HEAD & SHOULDERS) 2 2 HEAD & SHOULDERS 2 (NECKLINE) (NECKLINE)

*

(DOUBLE/TRIPLE BOTTOMS & DOUBLE/TRIPLE TOPS) (DOUBLE TOPS) M 2 2

(TRIPLE TOPS) 3 3

(DOUBLE BOTTOMS) W (DOUBLE TOPS) (DOUBLE BOTTOMS) (NECKLINE)

(TRIPLE BOTTOMS) (TRIPLE TOPS) (NECKLINE)

(THE ROUNDING TURN) (ROUNDING BOTTOM)

(ROUNDING Top)

(BROADENING TRIANGLE) 3 2

(GAP) (UPTREND) (DOWNTREND) COMMON GAP BREAKAWAY GAP HEAD & SHOULDERS BREAKAWAY GAP

CONTINUATION/RUNAWAY GAP () CONTINUATION GAP GAP EXHAUSTION GAP GAP ( GAP) (ISLAND) GAP GAP GAP BREAKAWAY GAP CONTINUTION GAP * (XD) (XR) GAP

(ISLAND) V (ISLAND TOP) BREAKAWAY GAP EXHAUSTION GAP V (ISLAND BOTTOMS)

(CONTINUATION TREND) 2 FLAG PENNANT (FLAG) 2 BULLISH FLAG BEARISH FLAG (BULLISH FLAG) 2 2

(BEARISH FLAG)

(PENNANT)

3

FLAG AND PENNANT

(SIDEWAYS PATTERN) 2 RECTANGLE TRIANGLE (RECTANGLE) (SIDEWAYS) (SUPPORT LINE) (RESISTANCE LINE)

(TRIANGLE) SYMMETRICAL TRIANGLE SIDEWAYS 2 2

THE RIGHT-ANGLE TRIANGLE SYMMETRICAL TRIANGLE 2

ASCENDING TRIANGLE

DESCENDING Triangle

POINT & FIGURE TECHNIQUE ( POINT & FIGURE INTRADAY) BOX SIZE 1 (BOX) 1 ABC 150 1 1 1 ABC 200 2 200 1 2

() () 0 10 0.10

10 50 0.25

50 100 0.50

100 200 1.00 200 600 2.00

600 1,000 4.00

1,000 6.00

POINT AND FIGURE DAILY 1. X O ( O) 2. X X O O 3. X (REVERSAL) 3 O O X 1 O O 3 X X O 1 X

3 .. BOX SIZE = 1

REVERSAL = 3 BOX SIZE / 159 03/06 152 149 158 04/06 152 150 157 X 05/06 153 145 156 X 06/06 147 145 155 X 07/06 146 143 154 X 10/06 146 144 153 X X 11/06 145 143 152 X O X 12/06 146 143 151 X O X 13/06 149 142 150 X O X 14/06 148 146 149 X O X X 17/06 148 147 148 O X O X 18/06 150 148 147 O X O X 19/06 152 146 146 O X X O 20/06 157 152 145 O X O X 144 O X O X 143 O O 142 * X O

POINT AND FIGURE INTRADAY DAILY (TICK) REVERSAL REVERSAL 2 O X 2 1. X X O O 2. X X REVERSAL O O X 1 O X REVERSAL O O REVERSAL X X O 1 X O REVERSAL

3 POINTS REVERSAL

Price Plot 35 29 Start 34 32 X 33 X 29 O 32 X X O 33 X 31 X O X O X 30 O 30 X O X O X O 28 O 29 * O O X O 30 No Plot 28 O O 31 X 27 O 29 No Plot 26 27 O 25

POINT & FIGURE 3 1. X X X X X X X O X X O X X O

2. O O O X O X O O X O O O O O 3. X 5 X 1 X 5 X 3 X X X X O X X O X X O X X X O X X O X O X X O O X X O O 3

POINT & FIGURE

(BREAK DOUBLE TOP) (BREAK DOUBLE BOTTOM) (BREAK DOUBLE TOP) 124 119 124 DOUBLE TOP 124 (BREAK DOUBLE BOTTOM) 121 124 121 121

(BULLISH TRIANGLE) (BEARISH TRIANGLE) (BULLISH TRIANGLE) 45

(BEARISH TRIANGLE) 45

PRICE PATTERN ( PRICE PATTERN ) 3

20 X 50 % (Measure Move)

20 X 20 X

50 % 50% ( 30% 1 3 ) 50%

(Measure Move)

: 3 20 O 20 X

JAPANESE CANDLESTICK CHARTING TECHNIQUES 200 MUNEHISA HOMMA 2 SAKATA HENSO SOBA SAIN NO DEN 10 (.. 2525) ..2530 Hammer 1/3, 1/2 2/3 60% BULLISH ENGULFING PATTERN (MOVING AVERAGES) (TREND LINE) (POINT & FIGURE) (REVERSAL TREND) (CONTINUOUS TREND) 50 4 (MAJOR REVERSAL PATTERN) (MINOR REVERSAL PATTERN)

CANDLESTICK (REAL BODY) UPPER SHADOW LOWER SHADOW

BLACK CANDLESTICK : REAL BODY UPPER SHADOW LOWER SHADOW :

WHITE CANDLESTICK : REAL BODY

:

DOJILESTICK

:

:

GRAVESTONE DOJI

: DOJI DOJI LINE () :

CANDLESTICK

LONG-LEGGED DOJI : DOJI - RICKSHAW MAN :

HIGH WAVES : (CANDLESTICK) :

SHAVEN HEAD : CANDLESTICK (LOWER SHADOW) (UPPER SHADOW) :

SHAVEN BOTTOM : (CANDLESTICK) (UPPER SHADOW) (LOWER SHADOW) :

SPINNING TOP : (CANDLESTICK) REAL BODY : - (SIDEWAYS)

WINDOW : :

(MAJOR REVERSAL PATTERNS) ABANDONED BABY (UPTREND) : DOJI STAR WHITE CANDLESTICK WINDOW GAP BLACK CANDLESTICK WINDOW GAP DOJI STAR :

ABANDONED BABY (DOWNTREND) : DOJI STAR BLACK CANDLESTICK WINDOW GAP WHITE CANDLESTICK WINDOW GAP DOJI STAR :

DARK-CLOUD COVER : BLACK CANDLESTICK WHITE CANDLESTICK REAL BODY WHITE CANDLESTICK :

ENGULFING PATTERNS (BULLISH) : WHITE CANDLESTICK REAL BODY REAL BODY BLACK CANDLESTICK BULLISH ENGULFING :

ENGULFING PATTERNS (BEARISH) : BLACK CANDLESTICK REAL BODY REAL BODY WHITE CANDLESTICK BEARISH ENGULFING :

STAR : (CANDLESTICK) (REALBODY) (CANDLESTICK) : (CANDLESTICK) RAIN DROP

DOJI STAR (UPTREND) : DOJI LINE () WHITE CANDLESTICK DOJI WHITE CANDLESTICK : CANDLESTICK

DOJI STAR (DOWNTREND) : DOJI LINE () BLACK CANDLESTICK DOJI BLACK CANDLESTICK : CANDLESTICK

EVENING STAR : WHITE CANDLESTICK CANDLESTICK REAL BODY BLACK CANDLESTICK BLACK CANDLESTICK 3 REALBODY WHITE CANDLESTICK :

EVENING DOJI STAR : EVENING STAR CANDLESTICK DOJI

: EVENING STAR

MORNING STAR : EVENING STAR 3

:

MORNING DOJI STAR : MORNING STAR DOJI : MORNING STAR

SHOOTING STAR

: (CANDLESTICK) (REAL BODY) 2 (REAL BODY)

:

HAMMER : HANGING MAN ( 3-18) (DOWNTREND) CANDLESTICK REAL BODY) ) 2 REAL BODY

:

INVERTED HAMMER : HAMMER (CANDLESTICK) (REAL BODY) (REAL BODY) 2

: (CANDLESTICK) (REAL BODY) INVERTED HAMMER

HANGING MAN : HAMMER (UPTREND)

:

PIERCING PATTERN : (WHITE CANDLESTICK) (BLACK CANDLESTICK) (REAL BODY)

:

(MINOR REVERSAL PATTERNS) BELT-HOLD LINE (BULLISH) : (WHITE) WHITE OPENING SHAVEN BOTTOM

:

BELT-HOLD LINE (BEARISH) : (BLACK) BLACK OPENING SHAVEN HEAD

:

COUNTERATTACK LINES (BEARISH) :

:

COUNTERATTACK LINES (BULLISH) : WHITE CANDLESTICK BLACK CANDLESTICK

:

DUMPLING TOP : CANDLESTICK CANDLESTICK

:

FRY PAN BOTTOMS :

:

THREE CROWS : (BLACK) (REAL BODY) THREE WINGED CROWS

:

HARAMI : CANDLESTICK REAL BODY REAL BODY CANDLESTICK CANDLESTICK

:

HARAMI CROSS : HARAMI (CANDLESTICK) DOJI PETRIFYING PATTERN

: HARAMI

TOWER TOP : (WHITE CANDLESTICK) (SIDEWAYS) (BLACK CANDLESTIC)

:

TOWER BOTTOM : (BLACK CANDLESTICK) (SIDEWAYS) (WHITE CANDLESTICK)

:

TWEEZERS TOP : (WHITE CANDLESTICK) DOJI CANDLESTICK :

TWEEZERS BOTTOM : (BLACK CANDLESTICK) DOJI CANDLESTICK :

UPSIDE GAP TWO CROWS : (BLACK CANDLESTICK) 2 (WHITE CANDLESTICK) (BLACK CANDLESTICK) 3 2

:

ADVANCE BLOCK : 3 (WHITE CANDLESTICK) THREE WHITE SOLDIERS

:

HIGH PRICE GAPPING PLAY : CANDLESTICK WHITE CANDLESTICK CANDLESTICK

:

MAT-HOLD PATTERN : 3 (BLACK CANDLESTICK) (WHITE CANDLESTICK) (BLACK CANDLESTIC) (WHITE CANDLESTICK) (BLACK CANDLESTICK) (WHITE CANDLESTICK)

:

IN-NECK LINE : PIERCING PATTERN (WHITE CANDLESTICK) (BLACK CANDLESTICK) (REAL BODY) (BLACK CANDLESTICK)

: (CANDLESTICK) (CANDLESTICK)

ON-NECK LINE : (WHITE CANDLESTICK) (BLACK CANDLESTICK) (BLACK CANDLESTICK)

: CANDLESTICK (WHITE CANDLESTICK)

LOW PRICE GAPPING PLAY : HIGH-PRICE GAPPING PLAY BLACK CANDLESTICK CANDLESTICK

:

THRUSTING LINE : (WHITE CANDLESTICK) (REAL BODY) (BLACK CANDLESTICK)

: BEARISH IN-NECK LINE BULLISH

SEPERATING LINES : (WHITE CANDLESTICK) (BLACK CANDLESTICK)

:

SEPERATING LINES : (BLACK CANDLESTICK) (WHITE CANDLESTICK)

:

SIDE-BY-SIDE WHITE LINE : 2 (CANDLESTICK)

(REAL BODY) 2 (CANDLESTICK) (WINDOW) 2 (CANDLESTICK)

:

STALLED PATTERN : (WHITE CANDLESTICK) (REAL BODY) (WHITE CANDLESTICK) (WHITE CANDLESTICK) (WHITE CANDLESTICK) (DELIBERATION PATTERN)

:

TASUKI GAPS (UPWARD) : (WHITE CANDLESTICK) (WHITE CANDLESTICK) (BLACK CANDLESTICK) (REAL BODY) (WHITE CANDLESTICK) 2

:

TASUKI GAPS (DOWNWARD) : (REAL BODY)

:

THREE METHOD (FALLING) : 3 5

:

THREE METHOD (RISING) : 3 5

:

THREE WHITE THREE ADVANCING SOLDIERS : (REAL BODY) 3

:

UNIQUE THREE RIVER BOTTOM : REAL BODY BLACK HAMMER

:

MOVING AVERAGE (MA)

(MOVING AVERAGE) (PRICE PATTERN) 10 10 10 ( 10 10 ( 10 ) (MOVE) ( 11) 11 ( ) 10 5

1. SIMPLE MOVING AVERAGE

2. WEIGHTED MOVING AVERAGE

3. MODIFIED MOVING AVERAGE

4. EXPONENTIAL MOVING AVERAGE

5. HAMMING MOVING AVERAGE

10 (2 ) 25 (5 ) 75 (15 ) 200 (40 ) 4 12 150 30 75 15 5 10 40 (BULL OR BEAR MARKET) (SIDEWAYS) - 2 5

1. 2.

3. 4.

5.

6.

40 (200 ) 15 (75 ) 40

2 (10 ) 5 (25 ) 15 (75 ) 40 (200 ) -

40 (200 ) 15 (75 ) 200

75 200 ()

GOLDEN CROSS 75 (BULL MARKET) 75 () 200 BULL DEAD CROSS

:

DEAD CROSS ( 15 40 ) (BULL) 15 40 BEARISH : 15 40 BULL BEARISH 10 40 12 25 MOVING AVERAGES (LAG) 15 40 BULL MARKET

MOVING AVERAGE SHIFT MOVING AVERAGE SHIFT (SHIFT) (SHIFT) (SHIFT) (POSITIVE SHIFTED) (NEGATIVE SHIFTED)

(SHIFT) SMA 10 10 ()

(SHIFT) SMA 10 10 () SHIFT 25 25 MOVING AVERAGE MOVING AVERAGE SHIFT (MOVING AVERAGE OSCILLATOR)

SIMPLE MOVING AVERAGE (SMA)

(ARITHMETIC MEAN) () 10 (Pt) 9 (Pt-1 Pt-9) 10 (BAR CHART) (LINE CHART) SMAt = (Pt + Pt - 1 + P1-2 + + Pt-n+1) /n

: SMAt () n Pt ( ) Pt-k k

SMA 10, 25 75 SMA SMA 10 (WEIGHTED) (10%) WEIGHTED MOVING AVERAGE (WMA)

[Pnt + Pt-1 (n-1) + (Pt-2 (n-2) + + t-n+1 (1)]

WMAt = n + (n-1)+(n-2) + + 2 + 1

WMAt Pt ( ) Ptt-k k n

SMA

WMA 10, 25 75 SMA

MODIFIED MOVING AVERAGE SMA SMA WMA 1 MMAt = MMAt-1 + [Pt - (MMAt-1)] / n

: MMAt MMAt-1 1 Pt n : SMA

MMA 10, 25 75 EXPONENTIAL MOVING AVERAGE (EMA)

EMA SMA EMA EMA SMOOTHING FACTOR (SF) SMOOTHING CONSTANT SF = 2/(n+1) EMA EMA = EMAt-1 + SF(Pt - EMAt-1)

EMAt Exponential Moving Average

EMAt-1 Exponential Moving Average SF Smoothing Factor = 2/(n+1) Pt n

: EMA

EMA 10, 25 75 HAMMING - WEIGHTED MOVING AVERAGE (HMA)

HAMMING - WEIGHTED MOVING AVERAGE SPECTRAL ANALYSIS HAMMING HAMMING (CYCLE) HAMMING AVERAGE

HMA 10, 25 75 MOVING AVERAGE ENVELOPES (TRADING BANDS) (UPPER BAND) (LOWER BAND) ( 10 25 75 ) (FILTER) 3 (UPPER BAND) (LOWER BAND)

BU = Mat + cMAt BL = Mat - cMAt

BU = BL = c = 0 100 MAt = 10, 25, 75, 200, .

(TRADING BANDS) 0 100 (BUYING RISK) (SELLING RISK)

BOLLINGER BANDS BOLLINGER BANDS (MOVING AVERAGE ENVELOPES) (JOHN BOLLINGER)

1. (TRADING BANDS)

2. (TRADING BANDS)

BOLLINGER BANDS (MOVING AVERAGE) (UPPER BAND) (LOWER BAND) BOLLINGER BANDS 2 (STANDARD DEVIATION) 5 200 BOLLINGER BANDS 10 20 50 BOLLINGER BANDS BOLLINGER BANDS BOLLINGER BANDS SIDEWAYS BOLLINGER BANDS

1. () ()

2. () () () ()

PARABOLIC (TECHNICAL ANALYSIS) (TIME LAG) J. WELLES WILDER (PARABOLIC) STOP AND REVERSAL (SAR) SAR PARABOLIC CURVE PARABOLIC (LONG POSITION) SAR (SHORT POSITION) SAR (LONG POSITION) SAR (PRICE FUNCTION) SAR SAR SAR

(SHORT POSITION) SAR SAR SAR SARt-1 = SARt + AF(EPt - SARt)

SARt-1 SAR SARt SAR EPt (SHORT)

(LONG) AF 0.02 0.02

0.2

PARABOLIC (UPWARD OR DOWNWARD) (SIDEWAYS) WILDER PARABOLIC AVERAGE DIRECTIONAL MOVEMENT (ADX) ( DIRECTIONAL MOVEMENT) ADX 0 100 () ADX PARABOLIC WILDER ADX PARABOLIC 20 ADX PARABOLIC ADX

SAR :

1, 4 2 3

SAR ADX A

SAR ADX B

VOLUME (VOL) VOLUME :

1.

2.

3. (PANIC SELLING) VOLUME (SELLING

CLIMAX) (SELLING CLIMAX) BEAR MARKET

1.

2.

3. VOLUME VOLUME

4. VOLUME VOLUME

5. VOLUME ()

TICK VOLUME TICK VOLUME (FUTURE CONTRACT) TICK () TICK VOLUME TICK VOLUME TICK () TICK VOLUME

ON BALANCE VOLUME (OBV) (OBV) (VOLUME) DEMAND-SUPPLY DEMAND SUPPLY

OBV :-

1. O 1,000 10,000 2.

3. OBV (DIRECTION) 2

OBV = OBV + OBV = OBV -

OBV (CONFIRMATION)

(UPTREND) OBV (DOWNTREND) OBV

OBV (DIVERGENCE) OBV OBV

1. OBV OBV OBV

2. (TRENDLINES) OBV

3. (MOVING AVERAGE) OBV OBV

OBV OBV

AVERAGE BALANCE VOLUME (ABV)

(ABV) 10 , 25 , 75 200 ABV ABV

CUMULATIVE VOLUME (CV)

(OBV)

CUMULATIVE VOLUME (CV) (WEIGHT) CV VOLUME CV VOLUME

CV = ((Closet - Closet-1) *Volumet) + CVt-1 CV

CV CV OBV

VARIABLE ACCUMULATION/DISTRIBUTION (VAD)

VAD (MOVING AVERAGE) OSCILLATOR

(ACCUMULATION) VAD 0 (DISTRIBUTION) VAD 0

OSCILLATOR VAD Oscillator = CLOSE - OPEN *VOLUME HIGH - LOW VADn = (OSCt + OSCt-1 + + OSCt - n+1)/ln

ACCUMULATION () (BULL MARKET)

DISTRIBUTION ( ) (BEAR MARKET)

VAD O

VAD O VAD

VOLUME ACCUMULATION OSCILLATOR (VAO)

VAO VOLUME ACCUMULATION (VA) OSCILLATOR (

) VA (WEIGHT) () VA VA

VAO 3 10 VA

3 10 (LINE) (HISTOGRAM) 0

VA VAO

VA = (CLOSE-LOW)-(HIGH-CLOSE) *VOLUME HIGH-LOW

VAOn = MA3 (VA)-MA10 (VA)

3 10 VAO 0 3 10 VAO 0 VAO

OSCILLATOR (TREND LINE), (MOVING AVERAGE) (SIDEWAYS) OSCILLATOR ()

OSCILLATOR OSCILLATOR COMMODITY CHANNEL INDEX (CCI) CCI 10 14 5 CCI CCIt = (TPt - MAt) / (.015 *MD) MD = Mean Deviation (MAt - P1) + (MAt - P2) + (MAt - Pn) / n n = TPt = ( + + ) / 3 MAt = 10 Pi = i

CCI -100 +100 ( BISNEWS -200 +200) 0 0 +100 (+200) -100 (-200) 0 0 0

+100 -100

ACCUMMULATION/DISTRIBUTION OSCILLATOR (ADO) ADO A/D OSCILLATOR ADO = (BP - SP) / (2* (HIGH-LOW)) *100 ADO = Accumulation / Distribution Oscillator Bp = = - P = = -

HIGH = LOW = 0 - 100 2 ADO ADO (DIVERGENCE)

1 B A ADO b a DIVERGENCE

2

Y X ADO y x

ADO ADO (50) ADO 100 ADO ADO (50) ADO 0 ADO 0

HIGH/LOW OSCILLATOR (HLO) HLO HLO

HLO = HIGH - CLOSE t-1 *100 MAX (A, B, C) MAX (A,B,C) = A = - 1 B = - C = 1 - -100 +100 0 1 ()

1. +100

2. -100

3. 0 0 0

OSCILLATOR MOVING AVERAGE, TREND LINE STOCHASTICS

STOCHASTICS

- STOCHASTICS

STOCHASTICS

%K STOCHASTICS %D %K

%K = () - ( n ) ( n ) - ( n ) %D = (n ) %K STOCHASTICS

STOCHASTICS OVERSOLD 20% %K %D

STOCHASTICS OVERBOUGHT 80% %K %D

(RIGHT-HAND CROSS-OVER)

%K %D 2 %K %D (RIGHT-HAND CROSS-OVER)

HINGE

STOCHASTICS (DIVERGENCE) 2

BEARISH DIVERGENCE STOCHASTICS

BULLISH DIVERGENCE STOCHASTICS

SET-UP STOCHASTICS

BULL SET-UP

BEAR SET-UP STOCHASTICS

FAILURE 2 KNEE %K %D

SHOULDER %K %D

GARBAGE 2 GARBAGE TOP %K %D

STOCHASTIC V SPIKE BOTTOM

GARBAGE BOTTOM GARBAGE TOP STOCHASTIC SPIKE TOP

0% 100% 0% (OVERSOLD)

TECHNICAL REBOUND 0% WEAK

100 % (OVERBOUGHT)

(STRONG) STOCHASTIC 100% STOCHASTIC (TECHNICAL CORRECTION) OVERBOUGHT

FAST STOCHASTIC

STOCHASTIC

SLOW STOCHASTIC STOCHASTIC %K %D (OVERBOUGHT) STOCHASTIC 80% 80% 100 % (OVERSOLD) STOCHASTIC %D 20% %K

%D %D 80% %K %D

FORMULA

FAST %k = CURRENT CLOSE LOWEST LOWn HIGHEST HIGHn LOWEST LOWn

%D = 3 PERIOD MODIFIED MOVING AVERAGE OF FAST %k

n = NUMBER OF PERIODS

SLOW STOCHASTIC

SLOW STOCHASTIC

FAST STOCHASTIC SLOW STOCHASTIC MODIFIED MOVING AVERAGE SLOW %K 3 PERIOD FAST STOCHASTIC FAST %K MODIFIED MOVING AVERAGE 1 PERIOD

FORMULA

SLOW %K = 3 Period Modified Moving Average of FAST %K

%D = 3 Period Modified Moving Average of SLOW %K

SLOW STOCHASTIC FAST STOCHASTIC

MODIFIED STOCHASTIC

MODIFIED STOCHASTIC

FAST STOCHASTIC SLOW STOCHASTIC

FAST STOCHASTIC MODIFIED MOVING AVERAGE

%D 3 SLOW STOCHASTIC MODIFIED MOVING AVERAGE %K %D 3 MODIFIE STOCHASTIC MOVING AVERAGE MOVING AVERAGE %K %D

MODIFIED STOCHASTIC FAST SLOW STOCHASTIC

WILLIAM %R %R

%R

%R = HIGHn CURRENT LAST

LOWn HIGHn n =

HIGHn = LOWn =

%R 0 100 0 100 SCALE

WILLIAMS

%R -90% %R 10% (OVERBOUGHT ) 0 10 (OVERSOLD) 90 100

MOMEMTUM OSCILLATOR

(COUNTER TREND) (OVERBOUGHT) (OVERSOLD)

MOMENTUM = P Pn P = Pn = n

()

1.

2. (TRENDLESS)

(SIDEWAYS) 3.

(DIVERGENCE)

(CENTER LINE) ZERO LINE

0 n (SIDEWAYS)

(DOWNTREND)

10 10

1 2 3 4 5 6 7 8 9 10

100 102 107 108 106 107 104 108 109 108

11 12 13 14 15 16 17 18 19 20 110 115 116 114 112 110 111 113 111 108

(10 ) 10 13 9 6 6 3 7 5 2 0

10

12 2 11 1 15 5 14 4 18 8 17 7 (CENTER LINE)

-

(TREND)

(DIVERGENCE)

2

BEARISH DIVERGENCE

BULLISH DIVERGENCE

MOVING AVERAGE MOMENTUM

MOVING AVERAGE MOMENTUM (SMOOTHED VERSION)

MOVING AVERAGE MOMENTUM

MOVING AVERAGE MOMENTUM = MA - MAn

MA = MAn = n

MOVING AVERAGE MOMENTUM

MOVING AVERAGE MOMENTUM MOVING AVERAGE MOMENTUM MOVING AVERAGE MOMENTUM MOVING AVERAGE MOMENTUM

RSI : RELATIVE STRENGTH INDEX

RSI (OVERBOUGHT) (OVERSOLD) 70% OVERBOUGHT 30% OVERSOLD (DIVERGENCE) 14 RSI

(RSI) (INTERNAL STRENGTH) 14 14 RSI

14 RSI

RSI = 100 - 100 1+RS

RS = 14

14

RSI = 100 XU

U+D

U = AVERAGE OF 14 DAYS UP CLOSES ( 14 ) D = AVERAGE OF 14 DAYS DOWN CLOSES ( 14 )

RSI 14

Day Close U D RSI 0 100 - - 1 102 2 - 2 104 2 - 3 103 - 1 4 101 - 2 5 98 - 3 6 97 - 1 7 97 - 0 8 98 1 - 9 99 1 - 10 98 - 1 11 99 1 - 12 101 2 - 13 103 2 - 14 106 3 -

Average of U 14/14 Average of D 8/14

RSI 63.64% (OVERBOUGHT & OVERSOLD)

14 RSI 70% 30% 14 RSI OVERSOLD 14 RSI OVERBOUGHT 14 RSI 5

1. (TOP) (BOTTOM) 70 30

2. HEAD & SHOULDERS ; DOUBLE TOPS & DOUBLE BOTTOMS OVERBOUGHT OVERSOLD

3. 14 RSI (FAILURE SWING) OVERBOUGHT OVERSOLD

TOP FAILURE SWING RSI 70 (A) (A) TOP FAILURE SWING RSI (B) (A C)

3 RSI 70 (A) RSI (AC) RSI (B)

3.

BOTTOM FAILURE SWING RSI 30 A) (C) (A) BOTTOM FAILURE SWING RSI (C) (B) (A B)

3

RSI 30 (A) RSI (AC) RSI (B)

3.

4. RSI - TRENDLINES, MOVING AVERAGES

5. RSI

NEGATIVE DIVERGENCE (DIVERGENCE) (C) (A) RSI (C) RSI (A) RSI

POSITIVE DIVERGENCE

(C) (A) RSI (C) RSI (A)

RSI

1. 70 30 2. FAILURE SWINGS (SUPPORT AND RESISTANCE PENETRATION)

3. RSI 4. RSI (DIVERGENCE)

RSI DIRECTIONAL MOVEMENT INDEX OSCILLATOR DIRECTIONAL MOVEMENT INDEX 0-100

DIRECTIONAL MOVEMENT INDEX +DI = +DMN TRN

-DI = -DMN TNN

+DMN +DM +DM - -DMN -DM -DM - TRN

(Hightoday - Lowtoday) (Hightoday - Closeyesterday)

(Closeyesterday - Lowtoday)

DM

DM + - +DM -DM 3

1. (C) (A) (D) (B) C+A +DM

2. (C) (A) (D) (B) D-8 -DM

3. (C) (A) (D) (B) 2

C-A +DM D-B -DM

: DM ZERO DM

DI

DM DIRECTIONAL MOVEMENT DIRECTIONAL INDICATIOR (DI)

DIRECTIONAL INDICATOR DI 14 DI 14 14 J. Wells Wilder 14 +DI14 -DI14

DIRECTIONAL MOVEMENT INDEX (DI)

DI +DI14 -DI14 () (BUY SIGNAL)

+DI14 -DI14 ()

(SELL SIGNAL)

DIRECTIONAL OSCILLATOR

+DI -DI (DO) -DI +DI

+DI -DI -DI -DI

DIRECTIONAL OSCILLATOR (DO) DI

AVERAGE DIRECTIONAL INDEX

J.WEELS WILDER DIRECTIONAL INDICATOR (DI) DI J.WELLS WILDER AVERAGE DIRECTIONAL INDEX (ADX) ADX 14 14

ADX

ADX = DXt+DXt-1+DXt-2++DXt-n+1 n

DX = (+DI) - (-DI) (+DI) + (-DI)

ADX DXt n

ADX 0-100 ADX 20-25

DI

DI (+DI -DI) ADX 20-25 DI

/ MOVING AVERAGES CONVERGENCE/ DIVERGENCE

- (4-6 ) - (MACD)

MACD GERALD APPEL ..1979 (TREND FOLLOWING) (DEGREE) BULL BEAR

MACD 2

2 EXPONENTIAL 12 25 ( 26 ) 1

MACD (SIGNAL LINE) MACD MACD = EMA (12 DAYS) - EMA (25 DAYS) SIGNAL LINE = EMA 9 DAYS OF MACD EMA = EXPONENTIAL MOVING AVERAGE

MACD (SIGNAL LINE) SCALE 0

1. MACD 2. MACD 3. MACD (SIGNAL LINE)

(BUY SIGNAL) 4. MACD (SIGNAL LINE)

(SELL SIGNAL) 5. MACD (SIGNAL LINE)

6. MACD (SIGNAL LINE)

7. MACD

8. MACD

9. MACD (SIGNAL LINE) BULL 10. MACD (SIGNAL LINE) BEAR

MACD MACD STOCHASTIC MOMENTUM

MACD DIVERGENCE MACD (DIVERGENCE) DIVERENCE MACD 2

1. NEGATIVE DIVERGENCE MACD

2. POSITIVE DIVERGENCE MACD

NEGATIVE POSITIVE DIVERGENCE MACD OSCILLATOR (MACDO)

MACD OSCILLATOR (MACDO)

MACD OSCILLATOR MACD (SIGNAL LINE)

MACD OSCILLATOR = MACD - SIGNAL LINE

MACD OSCILLATOR

MACD OSCILLATOR MACD

MOVING AVERAGE OSCILLATOR (MAO)

M/A OSCILLATOR 2 2

M/A OSCILLATOR = 1 - 2 = MA1 - MA2

MA1 = MA2 = MA1

5 10 25 75

1. (TREND)

MAO MAO

2.

MAO

(OVERBOUGHT)

MAO (OVERSOLD)

/ ADVANCE / DECLINE LINE (A/D LINE)

A/D LINE () ( )

A/D = (A-D) + A/D

A = D = A/D LINE VOLUME

A/D LINE

A/D LINE 1,000 10,000 20,000

A/D LINE 1,000 A/D LINE

A/D 1 1000 2 46 162 -116 884 3 31 177 -146 738 4 67 109 -42 696 5 100 57 43 739 6 30 181 -151 588

A/D LINE

2

1. CONVERGENCE A/D LINE

BEARISH CONVERGENCE A/D LINE

BULLISH CONVERGENCE A/D LINE

BEARISH CONVERGENCE

2. DIVERGENCE A/D LINE 2

BEARISH DIVERGENCE A/D LINE A/D LINE

A/D LINE

()

BULLISH DIVERGENCE A/D LINE

A/D LINE

BEARISH DIVERGENCE

A/D LINE (MOVING AVERAGE)

A/D LINE (SUPPORT) (RESISTANCE)

SUPPORT RESISTANCE

()

10 25 75 200 A/D LINE

A/D LINE A/D LINE A/D LINE

(POSITIVE) A/D LINE (NEGATIVE) A/D LINE

A/D LINE ( A/D LINE ) ( A/D LINE ) A/D LINE

A/D LINE SMA 10 A/D LINE SMA 25 A/D LINE SMA 75 A/D LINE SMA 200 A/D LINE SMA 10 A/D LINE SMA 25 A/D LINE SMA 75 A/D LINE SMA 200 TREND LINE

(TREND LINE) , , POINT & FIGURE RSI, MOMENTUM

3

(UPTREND) (DOWNTREND) (SIDEWAYS TREND)

(UPTREND)

(UPTREND LINE)

(DOWNTREND)

(DOWNTREND LINE)

(SIDEWAYS TREND)

/

(UPTREND) (DOWNTREND) (SIDEWAYS) () ()

(SUPPORT LINE) (RESISTANCE LINE)

(CHANNEL) 3

(HORIZONTAL SUPPORT AND RESISTANCE)

(BULLISH SUPPORT AND RESISTANCE)

(BEARISH SUPPORT AND RESISTANCE)

(PARALLEL LINE)

(PARALLEL LINE) (CHANNEL)

XY A B A PQ PQ

(PITCHFORK)

PITCHFORK 3

SPEED LINES

TRENDLINES () PERCENTAGE RETRACEMENT ( ) DESON GOULD OF ANAMETRICS 3 SPEED LINES PERCENTAGE RETRACEMENT SPEED LINES ()

SPEED LINES

BULLISH SPEED LINES 3 SPEED LINES 1/3 2/3

BEARISH SPEED LINES SPEED LINES BULLISH 3 SPEED LINES 1/3 2/3

SPEED LINES 33% 66% RETRACEMENT

SPEED LINES (2/3) SPEED LINES (1/3)

SPEED LINES (2/3) SPEED LINES

SPEED LINES SPEED LINES SPEED LINES (2/3) SPEED LINES (1/3) SPEED LINES (2/3)

SPEED LINES SPEED LINES

SPEED LINES SPEED LINES

FIBONACCI

FIBONACCI LEONARDS FIBONACCI .. 13 (Regular) 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89 1 2 3 3 5 8 4 0.618 1.618 0.618 1.618

1/1 = 1.0 1/1 = 1.0 1 / 2 = .5 2/1 = 2.0 2/3 = .667 3/2 = 1.5 3/5 = .60 5/3 = 1.667 5/8 = .625 8/5 = 1.6 8/12 = .615385 13/8 = 1.625 13/21 = .619048 21/13 = 1.61538 21/34 = .617647 34/21 = 1.61905 34/55 = .618182 55/34 = 1.61765 55/89 = .618056 89/55 = 1.61818

(Golden Ratio) (Parthenon)

FIBONACCI 3

(FIBONACCI LINES) (FIBONACCI FAN LINES) (TIME ZONES)

2 ( 1 2) (

3)

(FIBONACCI LINES)

(Horizontal line) , ,

38.2% 50.0% 61.8% (FIBONACCI RATIO) 38.2%, 50.0% 61.8%

A B C, D, E A B JUNE SEP. C E D ( C) 4 JUNE-SEP. SEP. D E MAY

(FIBONACCI FAN LINES)

FIBONACCI FAN LINES 38.2%, 50.0% 61.8% ( FAN LINES )

FAN LINES 3 FAN LINES FAN LINES

(TIME ZONES)

FIBONACCI

FIBONACCI FANLINES TIMEZONE FAN LINES FAN LINES TIMEZONE FAN LINES

FIBONACCI 3 38%, 50% 62% FIBONACCI 38.2%, 50.0% 61.8%

GANN THEORY

GANN THEORY W.D. DAN SUPPORT RESISTANCE RESISTANCE SUPPORT 100% 100% 50%, 25% 12.5%

W.D.GANN 2 GANN THEORY GANNS GEOMETRIC ANGLE SUPPORT RESISTANCE PERCENTAGE RETRACEMENT GANNS GEOMETRIC ANGLE

GANN (GEOMETRIC ANGLES) GANNS GEOMETRIC ANGLES 45 1 X 1

PRICE ANGLE GANN

1 x 8 = 82.5 1 x 4 = 75 1 x 3 = 71.25 1 x 2 = 63.25 1 x 1 = 45 2 x 1 = 26.25 3 x 1 = 18.75 4 x 1 = 15 8 x 1 = 7.5

1 x 1

1 ( , ) 1 UPTREND DOWNTREND 1X2 1 2 2x1 2 1

GANN 45 45 BULLISH BEARISH BULL 45 BEAR

45 45

PERCENTAGE RETRACEMENT

GANN 10

1/8 = 12.5% 2/8 = 25% 1/3 = 3.3% 3/8 = 37.5% 4/8 = 50% 5/8 = 62.5% 2/3 = 67% 6/8 = 75% 7/8 = 87.5% 8/8 = 100%

SUPPORT RESISTANCE GANN THEORY

GANN

8 1/8 2/8 3/8 4/8 8/8 4/8 50% 3/8 (38.2%) 5/8 (61.8) FIBONACCI NUMBER

GANN 1/3 2/3 2

SUPPORT RESISTANCE

GEOMETRIC ANGLES GANNS BEOMETHIC ANGLES PEAK BOTTOM 1x1 UPTREND DOWNTREND

FEB. PEAK DOWNTREND LINE 1X1 RESISTANCE APR. TREND BOTTOM MAR. UPTREND 1X2 1x1 TREND SUPPORT LINE 1x2 APR. SUPPORT 1x2 SUPPORT 1x1

JAN.-FEB. GANN LINES JAN UPTREND 1x4 1x1 A 90 SUPPORT

JAN BOTTOM GANN LINES UPTREND 7 1x8 8X1 PEAK FEB. GANN LINES DOWNTREND PEAK UPTREND 1X1 DOWNTREND 1X2 90 STRONG SUPPORT

COMPARISON

COMPARISON (Relative Strength)

COMPARISON

COMPARISON (Fundamental) (Overweight) /

COMPARISON

/ / / / /

COMPARISON = Price X Price Y

Price X = X Price Y =

COMPARISON COMPARISON Pattern, Moving Average, RSI, Stochastic Trend Line

COMPARISON

COMPARISON

(COMPARISON) :

1 : (SET9) (II30a)

2 : (SETBANK) (SET 9)

3 : (KTB9) (SETBANK)

4 :

COMPARISON)