✅ Trading for Beginners Series: Part 1 - FULL Technical Analysis Tutorial 🎯

Understanding technical analysis is very important as it's the foundation for all trading opportunities. It's super simple but the majority of new traders get it wrong.

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In this video you will learn all aspects of how the Bankers do their technical analysis. You can incorporate this methodology into your technical analysis and you will see an immediate improvement in your performance.

📉 Timestamps 00:00 Intro
00:25 - Beginners series: 4 Key Components for a successful trading career
01:23 - Technical analysis is the most mis-interpreted aspect of retail trading
03:00 - Understanding Trendlines
03:17 - What is technical analysis?
04:09 - What constitutes a trendline?
07:13 - The rule of thumb for drawing trendlines
13:21 - How to colour code your trendlines
20:08 - You'll find the long term trends on the Daily Charts
23:25 - When Resistance breaks the trendline immediately becomes Support
24:39 - The price action on the break of a trendline
27:00 - The charts are your road map to the markets
27:46 - Do your execution on the Hourly charts
29:19 - Stochastics - Understand and how to read them
33:26 - The Bull bear Pivot Line - What we use it for
37:21 - Fibonacci's - how and when to incorporate them into your charts
40:30 - The Ichimoku Kinko Hyo Cloud - the greatest trading indicator
46:07 - Overlaying Oil on your USDCAD chart
49:03 - The ideal technical set up

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Other useful resources:

⏰ Trading for Beginners Series: https://www.youtube.com/watch?v=Ra1vsKv8wKI&t=352s

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