Trading Academy Spring Course 2016

Transcription

1 Spring Course 2016

2 YESFX Global YESFX Global is the world s most trusted name in the fields of professional trading and technical analysis education. This is why top investment services firms and funds throughout Europe, Saudi Arabia, and the United Arab Emirates choose our experts to train their staff. Our technical analysis research department is continuously testing and developing new and existing trading strategies and market timing techniques (entry and exit levels), in order to achieve optimal investment performance based on in-house trading tactics and risk-management strategies. Our philosophy: To serve and to promote technical analysis as a valuable tool of investing in the financial markets YESFX Global YESFX Global is launching the first trading academy in Cyprus. The main targets of the academy are the following: Obtain the world class professional qualification of Certified Financial Technician (CFTe) Level I and Level II Become members of the well-recognized technical analysis societies of IFTA (International Federation of Technical Analysis) and STA (Society of Technical Analysts of the UK) Become experts of the professional technical analysis software program MetaStock, MetaTrader Learn our successful trading system and produce money Instructors Profile Kyriakos Kakofegitis was born in 1975 in Cyprus. He is the founder of YESFX Ltd. He is the head of the business development department and the strategic planning and execution of the business and client development of YESFX Global. Under his supervision is the company s technical analysis department. He is an approved instructor of financial educational programs by the Human Resource Development Authority (HRDA) in Cyprus. He owns a degree in Business Administration (B.A.I.B.A) with specialization in finance from the University of Newcastle in the United Kingdom. He works in the financial sector as a technical analyst since 1998 and writes articles for the financial press since Kyriakos Charilaou was born in 1982 in Cyprus. He is one of the major shareholders of YESFX Ltd. Mr Charilaou holds all professional qualifications in the field of financial technical analysis, CMT (Chartered Market Technician - MTA), CFTe/MSTA (Certified Financial Technician - IFTA/STA). He is the head of the strategic planning and execution of the company s training and educational programs seminars that YESFX Global offers to its clients. Mr Charilaou is responsible for the monitoring inhouse and remote prop-traders performance employed by YESFX to manage company s own funds. He is fully licensed by the Cyprus Stock Exchange Commission (CySec) with the professional licenses of: Execution of orders on behalf of Clients, Dealing on own account, Portfolio Management and Investment Advice. He is a holder of a masters degree (M.B.A) in Financial Mathematics from the University of Lancaster in the United Kingdom. He works in the financial sector as technical analyst since John Kittis was born in 1973 in Cyprus. He studied accounting, business administration and technical analysis of financial markets. The past 14 years he has been an active trader and trading coach having trained over a thousand traders and fund managers at the most prominent financial organizations over the world. John Kittis started his professional trading career at AAA United as a prop trader ( ). From 2003 till 2008 he served as chief dealer and trading coach (in association with Reuters) for Smartline Ltd. In 2009 he served as managing director of Dubai Capital Group where he served till the takeover of the group. He is currently trading and coaching traders.

3 Advantages of YESFX Global YESFX Global offers the opportunity to participants to understand the theory and practical application of technical analysis in the financial markets. Our teaches to participants all the relevant technical analysis theory, from basics to advanced mathematical formulas of technical analysis indicators. In addition, participants are taught a variety of trading styles from intraday trading, swing trading, Fibonacci trading to medium and long term trading. As a professional technical analysis center we prepare participants to obtain the world class professional qualification of Certified Financial Technician (Level I and Level II), which is globally recognized and issued by the International Federation of Technical Analysis (IFTA) and by the Society of Technical Analysts of the UK (STA) STA Diploma which is equivalent to Certified Financial Technician Level II qualification. Qualified technical analysts are well-respected individuals in the Financial Sector world-wide and by obtaining the CFTe or the STA designation you immediately stand out from the rest in the employment market because you will possess the following: Employment Opportunities By obtaining the CFTe professional qualification you have the opportunity to be employed by investment and brokerage firms (approximate number in Cyprus is according to data records in 2012) for the positions of: Technical Analyst Trader Dealer The most appreciated and world recognized qualification in the field of technical analysis by all financial institutions, investment firms and professional investment bodies The attitude and the experience of the professional trader who knows exactly the way to "make money" for him/her self and for those that he is working for The experience of the instructors of the program which is the most valuable asset gained for all those that will attend the academy In addition YESFX Global, in order to achieve for its students a higher professional prestige, will offer the opportunity to all of its participants to write articles related to the technical analysis field to the financial press. This will enrich the professional career of the participants and will make them well-recognized and respected professionals in the Cyprus financial and business environment. An additional advantage of this program is that all participants will gain the experience of getting a direct access to the markets and learn how to operate with proficiency all trading platforms (MT4, Saxo-Trader, MetaStock)

4 Global Recognition The Certified Financial Technician CFTe diploma is a world class recognized professional qualification by the most prestigious societies of technical analysis in the world. By obtaining such a professional qualification immediately you become a member of the Society of Technical Analysts of the UK (S.T.A.) and a member of the International Federation of Technical Analysts (I.F.T.A.). The main point that should draw your attention is that the CFTe diploma is a well-known recognized professional qualification that is recognized and usually is a must by all financial institutions, investment firms and investment banks. Through YESFX Global you get the unique opportunity to raise you shares in the market and get the advantage of this certificate.

5 yesfx Important dates and program schedule Start Date: 26th of April months (26/04/ /10/2016) By the 26th of October 2016 students will be taught all the relevant material to pass with success the CFTe Level I and Level II exams. Exam Date: CFTe - Level I: Week of the 15th of July 2016 and week of the 15th of September 2016 CFTe - Level II: week of the 15th of October 2016 in cil (the exam venue will be announced 6 weeks before students that have successfully passed their exams. The date will be announced towards the end of this professional program. STA Diploma from the Society of Technical Analysts in be given to all graduates who successfully finish our academy s trading program.

6 Syllabus Certified Financial Technician (CFTe) Level I The main aim of this module is for the candidate to understand the terminology used in these chapters listed below, be able to describe concepts discussed and be able to examine trends. The CFTe Level I measures basic, entry-level competence. Candidates should have a working knowledge of the basic tools of the technician. This level tests the candidate s knowledge in six basic areas of technical analysis: 1. Terminology of technical analysis 2. Methods of charting 3. Determination of price trends/basics of pattern recognition 4. Establishing price targets 5. Equity market analysis 6. Applying technical analysis to bonds, currencies, futures and options Part 1 Chapters: The Technical Approach to Trading and Investing Charts The Dow Theory The Dow Theory in Practice The Dow Theory s Defects Important Reversal Patterns Other Reversal Phenomena Consolidation Formations Gaps Support and Resistance Trendlines and Channels Major Trendlines Technical Analysis of Commodity Charts Two Touchy Questions Stop Orders What is a Bottom What is a top? Use of Support and Resistance Part 2 - Chapters Philosophy of Technical Analysis Dow Theory Psychology Chart Construction Basic Concepts of Trend Major Reversal Patterns Continuation Patterns Volume and Open Interest Long term Charts Moving Averages Oscillators and Contrary Opinion Point and Figure Charting Japanese Candlesticks Elliot Wave Theory Time Cycles Money Management and Trading Tactics Stock Market Indicators Part 3 - Chapters Financial Markets and the Business Cycle Dow Theory Economic and Fundamental Typical Parameters for Intermediate Trends Price Patterns Smaller Price Patterns One- and Two-Bar Price Patterns Trendlines Moving Averages Momentum Principles Individual Momentum Indicators I Individual Momentum Indicators II Candle Charts Point and Figure Charting Miscellaneous Techniques for Determining Trends The Concept of Relative Strength Price: The Major Averages Time: Longer Term Cycles Volume: General Principles Volume Oscillators Breadth

7 Certified Financial Technician (CFTe) Level II The aim of the CFTe Level II examination is to confirm that the candidate possesses the professional knowledge, understanding and skills to pursue a career in technical analysis within the investment community. In particular, at the end of the training period qualified technicians are expected to have a good understanding of, and practical experience in, the major techniques listed below, together with a wide range of timing and analytical tools and indicators to enable them to select the most advantageous portfolios, trades, hedges etc. for their clients, their employees or their own trading systems. The syllabus is therefore designed primarily to ensure that students will gain the necessary skills to pursue their careers to a more advanced level in a professional manner, and also to provide investors with the knowledge and confidence in technical analysis that will enable them to make better informed trading decisions. Chapters: 1. Bar charts. Gaps, islands, key reversals. Defining price objectives from gaps and patterns on bar charts. Arithmetic versus logarithmic scales. 2. Moving averages arithmetic, weighted, and exponential. Centered, non-centered and advanced. Single, double and multiple moving average crossovers. Moving envelopes, including Bollinger Bands. 3. Candle charts and candle patterns. Renko charts, Heiken-Ashi candles, Swing charts. 4. Point and figure charts. Construction, scale, box reversal, objective counting. Advantages and disadvantages compared to other types of chart. 5. Dow Theory. 6. Chart patterns, e.g. triangles, flags, pennants, diamonds, broadening patters (megaphones), wedges. 7. Reversal patterns and how to identify/anticipate them. Rounding tops and bottoms, head and shoulders, spikes, double/triple/multiple tops and bottoms. 8. Trend. How to draw correct short, medium and long-term trendlines. Trend channels. Return lines and internal trendlines. Unconventional but useful trendlines. Acceleration. Speed lines. Trend characteristics. 9. Consolidation how and why it occurs. Breakouts and how to recognize them. 10. Corrections: when and how far. 11. Support and resistance. The various chart points and facts that can act as such. 12. Basic elements of Gann Theory. 13. Basic elements of Elliott Wave Theory. 14. Fibonacci series, fan lines, arcs and time zones. 15. Cycles. Amplitude, length, phase, harmonicity, synchronicity, left and right translation. Detrending. 16. Relative performance and how to interpret relative strength charts. 17. Momentum indicators and oscillators including: a. Rate of change Welles Wilder s RSI Stochastics (%K&D) b. Moving Average Convergence Divergence (MACD) & MACD histogram c. Directional Movement Indicator Parabolics Commodity Channel Index 18. Volume signals and indicators, including On-Balance Volume, Volume Accumulator etc. Open interest. 19. Breadth indicators. 20. Sentiment indicators and contrary opinion. 21. Market ProfileTM including Construction, TRO, Point of control, Value Area, Normal Day, Trend Day, Double Distribution Day, Neutral Day, Non Trend Day. 22. Investor psychology individual and group. 23. Ichimoku Charts, including Turning Line, Standard Line, Span 1 and Span 3, Lagging Line, Cloud construction and interpretation. 24. Statistics: Measures of dispersion - standard deviation, variance. 25. Statistics: Measures of central tendency: Mean, Median, Mode. 26. Behavioral Finance: Investors Psychology, Ego- Centric Trading Emotions, Traders vs Investors biases.

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