Learn all of the skills & knowledge required to master technical analysis. Trading MasterClass will teach you the basics of how to read a chart, how to execute on and understand the subtle intricacies of our 5 strategies, and how to approach the markets with minimal risk. Join our live weekly events for additional insights and lessons, and don’t miss out on our private members’ community where you can connect with hundreds of inspired individuals!
In this lesson, Irek takes you through the most important indicators that we will focus on throughout the Trading MasterClass program. Irek’s philosophy when it comes to trading indicators is ‘less is more’. But there are a few you’ll utilize on a daily basis. They are as follows:
In this lesson, you’ll learn about support and resistance levels, specifically horizontal lines and trend lines (which are diagonal). Unlike the moving averages, we talked about in the previous lesson, these horizontal lines and trend lines are static, and not dynamic. You actually have to plot t...
In order to successfully trade the MasterClass strategies, you’ll only need to focus on the following candlestick formations:
– Bearish / bullish engulfing
– High-test / low-test
– Hammer / inverted hammer
– Tweezer top / tweezer bottom
– Inside bar
It’s very important to understand what deceleration is, and also what consolidation looks like. 9 times out of 10 we need some sort of deceleration to be present in the market before executing a trade… deceleration is a signal that price may be turning around (i.e. price was accelerating to the u...
In this lesson, trending and ranging markets are explained. A trending market is indicative of price moving up or down (creating runs and pullbacks), whereas a ranging market moves sideways without any clear direction. It’s very important to identify the difference between the two market conditi...
The Fibonacci Retracement tool is something that you will utilize in your analysis every day. It’s used for planning entries, stops and even targets. What the retracement tool actually does, is assisting us to measure the potential pullback within a run. Fibonacci (also known as the golden rati...
The Fibonacci Extension tool is utilized to measure the actual run within a trending market (as opposed to the retracement tool, which measures the pullback). In this lesson, you’ll learn how to set up Fibonacci Extension and see examples as to how to apply the tool to your charts.