YESFX Global Trading Academy - Spring 2012 PDF Print E-mail

 

YESFX Global Trading Academy


YESFX Global is launching the first trading academy in Cyprus.

The main targets of the academy are the following:

  • Obtain the world class recognized diploma 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 Analysts) 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

 

Advantages of YESFX Global Trading Academy


YESFX Global Trading Academy offers the opportunity to participants to understand the theory and practical application of technical analysis in the financial markets.  Our trading Academy 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 Analysts (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-repsected 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:

 

  • 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/she 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 ofthe 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 direct access to the markets and learn the successful trading system (that is to learn how to produce money) that the most successful traders use.

 

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 180 - according to data records in 2011) for the positions of:

 

  • Technical Analyst
  • Trader
  • Dealer

 

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 Trading Academy you get the unique opportunity to raise you shares in the market and get the advantage of this certificate.

 

Important dates and program schedule


CFTe - Level II exam preparation


Start Date: 16th of April 2012

Duration: 6 months (16/04/2012 - 10/10/2012) - By the 10th of October 2012 students will be taught all the relevant material to pass with success the CFTe - Level II exam.

Exam Date: 15th of October 2012 in London, UK - optional OR in Cyprus at the British Council (the exam venue will be announced 6 weeks before the examination date).

 

YESFX Global Successful Trading System


Start Date: 18th of October 2012

Duration: 4 months (18/10/2012 - 25/02/2013) - By the end of February students will be able to make successful trades based on our trading system using real money.

Live Trading: (17/01/2013 - 25/02/2013) - From the 17th of January till 25th of February 2012, those students taht will be taught our trading system will be allowed to start the live-trading session.  Remember that our vision is not restricted to produce professional financial technicians but also successful financial traders.  So this part of your training is a very important part since you enter the hands-on-experience session.  Here, everything you have learnt is put into practice.  Our instructors will be your mentors following you on each investment you attend to make.  This session will give the participants the experience of at least 50 hours of live trading, however we will be able to support you for more than 150 hours of live trading for those who wish to practice more.

Graduation Ceremony:  Upon completion of the course a graduation ceremony will take place for all those students that have successfully passed their exams.  The date will be announced towards the end of this professional program.

 

Certificates


All successful participants of the YESFX Global Trading Academy program will receive the certificate of the STA Doploma from the Society of Technical Analysts in the UK (STA) or the Certified Financial Technician (CFTe) Level I and Level II from the International Federation of Technical Analysts (IFTA).

A separate graduation certificate by YESFX Global will be given to all graduates who successfully finish our academy's trading program.

 

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:

 

  • Terminology of technical analysis
  • Methods of charting
  • Determination of price trends/basics of pattern recognition
  • Establishing price targets
  • Equity market analysis
  • 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
  • Sentiment Indicators

 

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 advantegeous portfolios, trades, hedges etc. for the 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 taht will enable them to make better informed trading decisions.

 

Chapters


  • Bar charts. Gaps, islands, key reversals.  Defining price objectives from gaps and patterns on bar charts.  Arithmetic versus logarithmic scales.
  • Moving averages - arithmetic, weighted, and exponential.  Centered, non-centered and advanced.  Single, dougle and multiple moving average crossovers.  Moving envelopes, including Bollinger Bands.
  • Candle charts and candle patterns.
  • Point and figure charts.  Construction, scale, box reversal, objective counting.  Advantages and disadvantages compared to other types of chart.
  • Dow Theory.
  • Chart patterns, e.g. tringles, flags, pennants, diamonds, broadening patterns (megaphones), wedges.
  • Reversal patterns and how to identify/anticipate them.  Rounding tops and bottoms, head and shoulders, spikes, double/triple/multiple tops and bottoms.
  • Trend.  How to draw correct short, medium and long-term trendlines.  Trend channels.  Return lines and intrnal trendlines.  Unconventional but useful trendlines.  Acceleration.  Speed lines.  Trend characteristics.
  • Consolidation - how and why it occurs.  Breakouts and how to recognize them.
  • Corrections: when and how far.
  • Support and resistance.  The various chart points and facts that can act as such.
  • Basic elements of Gann Theory.
  • Basic elements of Elliot Wave Theory.
  • Fibonacci series, fan lines, arcs and time zones.
  • Cycles.  Amplitude, length, phase, harmonicity, synchronicity, left and right translation.  Detrending.
  • Relative performance and how to interpret relative stregth charts.
  • Momentum indicatoris and oscillators including: Rate of change - Welles Wilder's RSI - Stochastics (%K&D), Moving Average Convergence Divergence (MACD) & MACD histogram,Directional Movement Indicator - Parabolics - Commodity Channel Index

 

  • Volume signals and indicators, including On-Balance Volume, Volume Accumulator etc. Open Interest.
  • Breadth indicators
  • Sentiment indicators and contrary opinion.
  • Market ProfileTM including Construction, TRO, Point of control, Value Area, Normal Day, Trend Day, Double Distribution Day, Neutral Day, Non Trend Day.
  • Investor psychology - individual and group.
  • Ichimocku Charts, including Turning Line, Standard Line, Span 1 and Span 3, Lagging Line, Cloud construction and interpretation.