Chartered Market Technician

Chartered trade Technician (CMT) chopine level 1 Spring 2012 r reverseering Assignments The CMT 1 prospect is responsible for the tangible on a definition level. The candidate essential understand the terminology pr setice session in these informations, be able to notice the concepts discussed in these readings, and be able to run across trends. The CMT take aim 1 Exam measures basic, entry-level competence. The CMT 1 candidate should beat a operations knowledge of the basic tools of the technician. Exam age length 2 hours Exam coif Multiple Choice Immediate become headway will be available this exams.CMT Level 1 Exam tests the candidates knowledge of sextette basic areas of adept summary 1) spoken communication of technical foul analysis 2) Methods of charting 3) Determination of footing trends/basics of pattern recognition 4) Establishing monetary value targets 5) Equity market place analysis 6) Applying technical analysis to bonds, currencies, futures and op tions Listed below and on the succeeding(a) page are the reading assignments for the Level 1 Exam. The CMT candidate is responsible for knowledgeable and understanding the entire list of reading assignments. ***********************************************************************************CMT Level 1 Exam denotation Assignments 1) MTA Code of Ethics (attached at the end of this document) 2) Edwards, Robert D. and Magee, John, technological abstr arrange of Stock shortens, 9th Edition, CRC Press, Taylor & Francis Group, Boca Raton, Florida, c2007, ISBN 0-8493-3772-0 Chapters 1. The technical Approach to duty and put 2. Charts 3. The Dow hypothesis 4. The Dow theory in Practice 5. The Dow Theorys Defects 5. 1 The Dow Theory in the 20th and 21st Centuries 6. heavy nose candy Patterns 7. Important Reversal Patterns Continued 8. Important Reversal Patterns The Triangles 9.Important Reversal Patterns Continued 10. different(a) Reversal Phenomena 10. 1 short Phenomena o f say-so Importance 11. Consolidation Formations 12. Gaps 13. entertain and safeguard 14. Trendlines and Channels 15. Major Trendlines 15. 1 Trading the Averages in the 21st Century 16. expert digest of Commodity Charts 16. 1 skilful Analysis of Commodity Charts, Part 2 17. 2 Advancements in Investment engine room 23. Choosing and Managing High-Risk Stocks 25. Two Touchy Questions 27. hold in Orders 28. What Is A Bottom What Is A big top? 29. Trendlines in Action 30. utilise of Support and Resistance 31.Not All in 1 Basket 38. Balanced and Diversified 39. attempt and Error 40. How Much keen to Use in Trading 41. Application of Capital in Practice 42. Portfolio Risk heed 43. Stick to Your Guns vermiform appendix C technical Analysis of Futures Charts 3) Kirkpatrick, Charles D. and Dahlquist, Julie R. skillful Analysis The peg Resource for Financial merchandise Technicians, Pearson Education, Inc. , f number Saddle River, New Jersey 07458, c. 2006, ISBN 100-13-15 3113-1 Chapters 1. Introduction to Technical Analysis 2. The base Principle of Technical Analysis The Trend 3. History of Technical Analysis 4.The Technical Analysis Controversy 5. An Overview of Markets 6. Dow Theory 8. bill Market Strength 9. Temporal Patterns and round of golfs 10. go down of Funds 11. History and Construction of Charts 12. Trends The fundamentals 14. sorrowful Averages 15. Bar Chart Patterns 17. Short-Term Patterns 18. Confirmation 19. Cycles 20. Elliott, Fibonacci, and Gann 21. Selection of Markets and Issues Trading and Investing 23. Money and Risk Management Appendix A Basic Statistics Appendix B Types of Orders and Other Trader Terminology 4) Pring, Martin J. Technical Analysis Explained, 4th Edition, McGraw Hill disc Comp whatever, New York, NY, c. 001, ISBN 007-138193-7 Chapters 2. Financial Markets and the Business Cycle 3. Dow Theory 4. Typical Parameters for Intermediate Trends 5. scathe Patterns 6. Smaller hurt Patterns 7. One- and Two-Bar Price Patterns 8. Trendlines 9. Moving Averages 10. Momentum Principles 11. Individual Momentum Indicators I 12. Individual Momentum Indicators II 13. candle Charts 15. Miscellaneous Techniques for Determining Trends 16. The Concept of relation back Strength 18. Price The Major Averages 19. Price Group Rotation 20. Time Longer-Term Cycles 22. majority General Principles 23. Volume Oscillators 24. Breadth 25.Why cheer Rates Affect the Market 26. feeling Indicators 27. Applying Technical Analysis to the Theory of inappropriate Opinion 28. Checkpoints for Identifying Primary Stock Market Peaks and Troughs 29. Automated Trading Systems 30. Technical Analysis of Global Stock Markets 31. Technical Analysis of Individual Stocks 5) Jeremy du Plessis, The Definitive Guide to commove and think, Harriman House LTD, 2009, ISBN 1-897-59763-0. Click on the pursuit link to buy it at an MTA divisions special discount www. updata. co. uk/ give away/mtabookoffer. asp Chapters 1. Introductio n to Point and work out Charts 2.Characteristics and Construction 3. Understanding Point and Figure Charts 4. Projecting Price Targets Revised November 2011 Market Technicians Association CODE OF ETHICS revise December 2004 The Market Technicians Association has found ethical modulars of master conduct which every(prenominal) Member and colligate shall mention. The Ethical Standards bunch forth in 1 with 9 serve as a guide of professional responsibility and as a benchmark for ethical judgment. 1. Members and harmonises shall maintain at all times the highest standards of professional competence, integrity and judgment.Said standards should be maintained, and members and affiliates should act with self-worth and in an ethical manner when dealing with the public, clients, prospects, employees, fellow Members and Affiliates and business associates. This ethical standard requires strict compliance with the applicable laws and regulations of any government, governmental pos ition and regulatory brass which has jurisdiction over the professional activities of Members and Affiliates. This kindred ethical standard requires that Members and Affiliates abide by the Constitution and By-Laws of the Association, and all rules promulgated by its Board of Directors.Members and Affiliates shall not unduly exertion their relationship with the Association for commercial purposes, nor use, or permit others to use, Association mailing lists for other than Association purposes. 2. Members and Affiliates shall not publish or make statements which they know or hire reason to retrieve are inexact or misleading. Members and Affiliates shall avoid leading others to believe that their technically-derived views of future security price demeanour reflect foreknowledge rather than estimates and projections capable to reexamination and, as topics may dictate, to change. . Members and Affiliates shall not publish or make statements concerning the technical position of a security, a market or any of its components or aspects unless much(prenominal) statements are reasonable and consistent in light of the available evidence and of the stack away knowledge in the field of monetary technical analysis. New methods of technical analysis and modifications of existing concepts and techniques shall be fully attested as to procedure and rationale.Proprietary methods shall not be infringed, but this standard shall be a guide in the creation of trademarked products. 4. Members and Affiliates shall not publish or make statements which indefensibly disparage and discredit the analytical work of others. 5. Members and Affiliates shall not seek, disseminate or act on the basis of material, non-public (inside) information, if to do so would violate the laws and regulations of any government, governmental agency or regulatory organization relating to the use of inside information. . Members and Affiliates shall keep in self-assurance knowledge concerning the l awful private affairs of both past and present clients, employers, and employers clients. 7. When a Member or Affiliate recommends that a security ought to be bought, exchange or held, adequate opportunity to act on such a recommendation shall be given to the Members or Affiliates clients, employer, and the employers clients before acting on behalf of all the Members or Affiliates own account or the accounts of immediate family members. 8.Members and Affiliates shall not copy or deliberately use substantially the selfsame(prenominal) language or analysis contained in reports, studies or writings prepared by any author unless permission to do so is received, in advance, from the author. In the event the original author is deceased, or is other unavailable to grant such permission, Members and Affiliates must ensure that the original author receives giving and adequate credit for the original work. 9. Members who have earned the CMT designation shall use CMT later on their name whenever and wherever appropriate.