Technical Analysis for Energy Traders

Course Overview

With more than 30 years of experience developing trading models for energy markets and two highly acclaimed trading books to his name, Richard Weissman leads this 2-day classroom course to show you how this extraordinarily valuable set of tools can improve your bottom line.

Throughout this course, we will explore strengths, weaknesses, and variations of the major technical indicators and techniques used by energy professionals today. Energy-focused traders and risk managers will gain a thorough understanding of the most popular and successful techniques and how they can be applied to their specific business. You’ll leave this course with an integrated framework for incorporating technical analysis into energy trading and risk management.

Topics covered include:

• Using technical analysis to develop Weissman’s “Casino Paradigm” – a positive      expectancy method combined with robust risk management and a disciplined      psychological attitude towards commodity trading
• How technical analysis aids in identifying Weissman’s “Golden Ticket”
• (low risk, high reward, high probability) setups
• Available technical tools and techniques for trading and managing ongoing volatility and its impact on price
• How technical analysis is used for trading, quantifying, and managing risk
• How to incorporate technical analysis with fundamental analysis
• Using trend lines, Japanese Candlesticks, support and resistance, and retracement levels
• Regret minimization techniques
• How to analyze and incorporate volume and open interest
• Calculating  and using moving averages and MACD
• Using DMI, ADX, ATR, RSI, Momentum, and Bollinger Bands
• How to combine indicators and approaches
• Hedging and speculating exercises with technical analysis
• Mechanical trading system development: trend-following, counter-trend, and combining non-correlated trading systems
• Classical  and candlestick reversal patterns
• Using real-time and historical trading exercises to solidify your understanding of technical analysis

Who Should Attend

This course applies to individuals at all levels of the commodity infrastructure:

• Producers
• Consumers
• Processors & Refiners
• Analysts
• Traders
• Trade support staff
• Finance  and auditing personnel.

Entry-level to intermediate professionals from:

• Wholesale/marketing companies
• Back office
• Commercial hedgers Marketers
• End-users
• Banks
• Employees of futures exchanges Futures commission merchants Data vendors
• Pricing publications Government agencies

Accreditations

· NASBA: Mennta Energy Solutions is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org

· CPD Certification Services: The CPD Certification Service works with Mennta Energy Solutions to ensure valuable knowledge is structured to complement the universal guidelines of Continuing Professional Development. Mennta Energy Solutions courses are approved by CPD at one credit per training hour.