Covering the basic tools you need to analyse trend and price action.

Stephen Hoad shows you how to use Moving Average Convergence Divergence (MACD) indicators, Commodity Channel Indices (CCI), the Relative Strength Index (RSI) and Stochastics to decode the latest price action and identify ways to trade.

You’ll discover how to spot trends and use momentum to time your trades, as well as learning to spot overbought and oversold levels on different indicators.

Check out the rest of our technical analysis course here:

Part 1: Rules you need to know and the big questions

Part 2: Essential Chart Knowledge – The Basics

Part 3: Direct Price Analysis (DPA) Tools

Part 4: Price Confirmation Tools Part – Trend & Momentum

Part 5: Volume, Volatility, and Sentiment

Part 6: Alternative Concepts – New Approaches to Technical Analysis

Part 7: Japanese Charts

Part 8: Strategy Design and Implementation

Part 9: Risk and Trade Management

Part 10: Putting it All Together


Risk Warning: this article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform.When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice. Trading cryptocurrency CFDs and spread bets is restricted for all UK retail clients. 

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