Many futures traders use technical analysis to help forecast future financial price movements—and now you can have a better understanding of it too. This introductory guide from RJO Futures provides background information on trendlines, channels, continuation patterns, reversal patterns, Fibonacci Retracement Numbers, moving averages, Bollinger bands, and much more.
RJOFutures'
Intro to Technical Analysis
A Guide To Understanding Technical Analysis and Its Applications.
T r a d i n g E v e r y t h i n g B u t T r a d i t i o n
By RJOFutures Trading Strategists: Donna Heidkamp, Greg Imes, Christy OlinIntroduction
Thank you for your interest in RJOFutures' Intro to Technical Analysis.
Trading futures has the potential to be very rewarding. However, it can take hard work and a lot
of time to keep up with changing markets and trends. As a trader, one way to even the playing
field a bit is the use of technical analysis as part of your trading plan. Technical analysis can be
a useful, customizable tool to help give you an edge. This guide is meant to give novice traders
a solid start to understanding technical analysis and how to apply it. Additionally, it can be used
by more experienced traders as a refresher course. This guide was writen by RJOFutures' trad-
ing strategists, applying their many years of industry knowledge and experience. As you study
the content, we enourage you to contact us at any time with questions or comments. It's our goal
to help you understand and apply the information herein.
Regards,
RJOFutures Trading Strategist Team
Phone: 800-461-1616 or 312-373-5478Email: info@rjofutures.com
Futures trading involves risk of loss. Trading advice is based on information taken from trades and statistical services and other sources which RJ O'Brien believes are reliable. We do not guarantee that such information is accurate or complete and it should be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future trading results. Chart data used in this document provided by FutureSource and CQG.Table of Contents
PART I: The W's Of Technical Analysis..................................................................................................................4. WHO Uses Technical Analysis?...........................................................................................................................4. WHY Is Technical Analysis Important?................................................................................................................4. WHAT Are Charts?...............................................................................................................................................5. WHEN Do You Use Charts?.................................................................................................................................5. WHERE Can You Find Charts?............................................................................................................................5PART II: Chart Patterns............................................................................................................................................7. Trendlines.............................................................................................................................................................7. Channels..............................................................................................................................................................9 Continuation Patterns.....................................................................................................................................10 . Bull/Bear Flags & Pennants......................................................................................................................10 . Triangles...................................................................................................................................................11 . Rectangles................................................................................................................................................14 . Wedge.......................................................................................................................................................15 Reversal Patterns.............................................................................................................................................16 . ... [download for more]
