Knowledge Gained Through Years of Experience

Course Objectives

The objective of the course is to provide advanced skills related to operate in commodities and the ways of investing in it. It will enable the student to take up investment in commodities independently.

Units

Unit I: Introduction to Commodity Trading (2 Hours)

What is Commodities Trading; History of Commodity Trading; Commodity Qualification for Trading on Exchange; Role of Commodity Market; How Commodities are Traded; Commodities versus Stocks; Commodities versus FOREX

Unit II: Fundamental Analysis (2 Hours)

Concept of Fundamental Analysis; Factors Affecting Demand and Supply; Relationship between Major Economic Indicators; Major Economies to Follow; Major Fundamental Indicators; Monetary Indicators; Economic Indicators; Approaches to Fundamental Analysis

Unit III: Technical Analysis (2 Hours)

Concept of Technical Analysis; Basis of Technical Analysis; Support & Resistance; Types of Charts (Line Chart, Bar Chart, Japanese Candlesticks); Major Candlesticks Patterns-Doji, Gravestone Doji, Dragonfly Doji, Bullish Engulfing Pattern, Bearish Engulfing Pattern, Dark Cloud Cover, Piercing Pattern, Hammer and Hanging Man, Morning Star, Evening Star, Shooting Star; Technical Analysis Indicators; Reasons to Use Technical Indicators; Tips for Using Indicators; Technical Tools-(Simple Moving Averages, Exponential Moving Averages, Pivot Points, Relative Strength Index, Bollinger Bands, Fibonacci Retracement, MACD); Importance of Technical Analysis; Strengths and Weaknesses of Technical Analysis

Unit IV: Risk and Fund management (4 Hours)

Portfolio Management; Money Management and Risk Aversion Tools; Correlations and Risk; Portfolio Management; Trade Checklist; Trading Plan; Breakout; Gap Strategies; Wolfe Waves: Modern Approach; Different Types of Trading Strategies; Harmonic Trading; Chart Patterns; Technical Indicators Combination; Gold and Currency Relationship; Disciplined Trading