Brian's Penny Stock Blog - Technical Analysis DVD

The first section of the video explains and recommends the necessary tools beginning and advanced traders should utilize to become successful using our methods; however, it is not essential that you employ every tool. The section runs for just under an hour and has the following subsection:

Run time 8 minutes

This is a free service, and we use the nonpaying perspective, but we recommend paying for this relatively inexpensive service. This tutorial covers the basic of setting up your charts. This allows you to add your indicators and overlays. Additionally, the section details how to add advanced indicators and overlays that are not demonstrated within stockcharts.com.

Run time 10 minutes

This lesson details how to sort through the tens of thousands of securities available to trade. Moreover, this lesson, building off the previous lessons, focuses on how to develop scans that fit your desired criteria. It is essential for a successful trader to learn how to find the securities that are getting ready to make a price move, and we can guarantee, there are many everyday.

Run time 12 minutes

Another service that ClayTrader recommends, and it has a 30-day free trial. This lesson is a step-by-step explanation of how to use this service and apply a trading strategy using their charts. The lesson focuses on real-time charting strategies, and discusses the different options available within the system.

Run time 10 minutes

Basic principles we use to manage money and maximize profits. Additionally, there is several template spreadsheets in excel format.

In the second section, we will introduce the necessary concepts you must learn to apply your newly acquired trading skills. This section runs for approximately two hours.

Run time 15 minutes

This lesson is a primer on what technical analysis is and why successful traders use it. For most professionals, technical analysis is the forecasting of future financial price movements based on an examination of past price movements. While technical analysis does not result in definitive predictions about the future, it does help investors anticipate what is most "likely" to happen to prices over time. In other words, it puts the odds and probabilities in your favor. We show you how to understand the necessary tools in order to get the odds on YOUR side!

Run time 12 minutes

In this lesson, the basic components of a chart are describe and analyzed, along with what each part of the chart entails and represents. These are the building blocks to understanding what we are teaching, so it is important to master these beginning concepts.

Run Time 20 minutes

In terms of Technical analysis, 'support' is defined as a price that the market has difficulty trading below (buyer's hangout). This lesson demonstrates in clear easy to understand language how to find support. In contrast, 'resistance' is defined as a price that the market has difficulty trading above (seller's hangout). We show you how to find these areas and use them to your advantage!

Run time 14 minutes

This lesson begins with a discussion about trends and why they work. The first half of the lesson explains how to find trends and trade "with" them. In the second half, the lesson explains how to apply the tools using real-time charts and trendlines in order to benefit and profit from the newly discovered trends.

Run time 30 minutes

Developed a century ago by Japanese rice traders, Candlesticks have become the de facto charting style in the last decade. The first part of the lesson covers the basics of what composes candlesticks and how they reflect price movements and psychology. Then, the video examines the dominant candlestick patterns, what they represent, and how to trade them.

Technical Indicators are useful within Technical Analysis. These indicators and overlays are what technical analysts use to assist in finding probable future price movements. These videos briefly discuss the mathematical and theoretical concepts behind the indicators and overlays, but more importantly, you will learn the proper utilization of these tools to put the probabilities in your favor!

Run time 13 minutes

This is a general introduction to the overall concept of what technical indicator are. The video introduces how to apply indicators and overlays to verify potential price movements using the leading three variables: momentum, trend, and volume.

Run Time 23 minutes

The opening salvo of indicators and overlays, for this is a MUST know concept that lays the foundation for the rest of the lessons. The lesson begins with a short discussion on the mathematical and theoretical concepts driving the indicator, and then, moves into the application and use of the indicator. Furthermore, the lesson explains the differences between the various types of moving averages.

Run time 17 minutes

This lesson explains how to use the RSI to provide confidence in your trading decisions. The RSI compares the magnitude of a stock's recent gains to the magnitude of its recent losses. This is a great 'emotion remover' indicator!

Run time 17 minutes

One of the oldest and most dependable indicators, this lesson focuses on the MACD -- a must know indicators. Whether you're looking for 'momentum' or 'strength of trend', the MACD can help you determine both of these.

Run time 18 minutes

Another popular and time tested indicator, the stochastic oscillator is a momentum indicator that is extremely helpful when making trading decisions. We will show you 'what' to look for and 'how' to apply it. No emotions allowed!

Run Time 18 minutes

Because it is important to determine whether the market is trending or trading (moving sideways), the ADX is a key indicator to understand! Moreover, this lesson teaches how to use the indicator in conjunction of other signals to produce a strong signal.

Run Time 16 minutes

Calculated by summing Accumulation Distribution over the given period and then dividing by the sum of volume over the given period. In simple terms, it helps to show us who is in charge between the bulls and bears.

Run Time 19 minutes

The Money Flow Index (MFI) is a momentum indicator that is similar to the RSI. The MFI is volume based; therefore, gives us a great sense as traders as to what 'direction' money is flowing. Trust me, this is a very beneficial indicator!

Run time 18 minutes

Bollinger Bands are used to identifying relative price levels and volatility. They can also be combined with price action and other indicators to generate signals and foreshadow significant moves.

Trading based on chart patterns is something that takes a great amount of discipline. By this I mean stock charts cannot look "sorta" like a pattern or have certain elements of a pattern. They need to match the pattern's characteristics by 100% or the probabilities will severely be against you. Think of it like you are taking a test and the only way to pass is to get exactly a 100%. Anything less and you could be setting yourself up for danger. We teach you how to ace the test!

Run time 20 minutes

The wedge chart pattern can be a reversal or continuation pattern. Wedges are similar in construction to a symmetrical triangle in that there are two trendlines - support and resistance - which band the price of a security. The wedge pattern differs in that it is generally a longer-term pattern, usually lasting three to six months. It also has converging trendlines that slant in an either upward or downward direction, which differs from the more uniform trendlines of triangles.

Run time 25 minutes

Flags patterns are short-term continuation patterns that mark a small consolidation before the previous move resumes. These patterns are usually preceded by a sharp advance or decline with heavy volume, and mark a mid-point of the move.

Run time 20 minutes

Symmetrical triangles are usually continuation patterns with converging trendlines. The technical buy point from a symmetrical triangle is the upside break, while a downside break is a technical sell signal. Ideally, a stock breaks out from a symmetrical triangle prior to reaching the apex of the triangle with volume expansion.

Run time 16 minutes

The ascending triangle chart pattern is one of the most easily identifiable patterns and also one of my favorites to trade upon a confirmed breakout. Correctly identifying this pattern has made me a lot of money in the past and continues to prove itself as one of most profitable trades. A pattern that is great at helping to remove all emotion from a trade!

Run Time 17 minutes

Descending triangles converge with a horizontal trend line for lower support, and a negative sloping resistance trendline. Since the lower support level is horizontal below, and upper support is descending downward, the pattern suggests that the market trend is still bearish and the breakout will likely be bearish, which presents nice opportunities to play the short side.

Run time 15 minutes

Channel trading is a powerful yet often overlooked form of trading that capitalizes on the tendencies of markets to trend. These are the patterns I refer to as 'ATM Machines', figure them out, and it's just like going to withdraw money, cha-ching!!!

Run time 31 minutes

After making long sustained moves in one direction, many markets retrace a part of the move before continuing on further (take a 'breather'). The Fibonacci indicator is used to try and forecast potential support levels and price targets, based on the height of the overall move and any wave patterns.

Run time 30 minutes

Fibonacci extensions consist of all levels drawn beyond the standard 100% level and are used by many traders to determine areas where they will wish to take profits. These are great to use to ensure you 'lock in profits' along with giving potential areas to go either long or short.