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CMT Level 1

Elder, CMT1 Chapter 15

Chapter 15: Psychology of Trends

Elder, CMT1 Chapter 14

Chapter 14: The Market Crowd and You

Elder, CMT1 Chapter 13

Chapter 13: The Trading Scene

Elder, CMT1 Chapter 12

Chapter 12: What Is the Market?

Elder, CMT1 Chapter 11

Chapter 11: What Is Price?

Elder, CMT1 Summary

Elder, Alexander: The New Trading for a Living, John Wiley & Sons, Inc., c. 2014, ISBN: 978-1-118-44392-7

Chapters: 11-19

See Summary Below

Click the chapters for detailed notes

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PART 2: Mass Psychology

Chapter 11: What Is Price?
Chapter 12: What Is the Market?
Chapter 13: The Trading Scene
Chapter 14: The Market Crowd and You
Chapter 15: Psychology of Trends
Chapter 16: Managing versus Forecasting

PART 3: Classical Chart Analysis

Chapter 17: Charting
Chapter 18: Support and Resistance
Chapter 19: Trends and Trading Ranges
Chapter 20: Kangaroo Tails
Notes

PART 3: Classical Chart Analysis

Chapter 17: Charting
Chapter 18: Support and Resistance
Chapter 19: Trends and Trading Ranges
Chapter 20: Kangaroo Tails

Part 4: Computerized Technical Analysis
Chapter 21: Computers in Trading
Chapter 22: Moving Averages
Chapter 23: Moving Average Convergence-Divergence
Chapter 24: The Directional System
Chapter 25: Oscillators
Chapter 26: Stochastic
Chapter 27: Relative Strength Index

Part 5: Volume and Time
Chapter 28: Volume
Chapter 29: Volume-Based Indicators
Chapter 30: Force Index
Chapter 31: Open Interest

 

Du Plessis CMT1 Chapter 4

Chapter 4: Understanding and Using Trend Lines

  • Trend line breaks
  • 45º Bullish support and bearish resistance lines
  • Trend lines and signal rules
  • Summary

Du Plessis CMT1 Chapter 3

Chapter 3: Understanding Patterns and Signals

  • 1-Box and 3-Box Reversal charts
  • Point and Figure signals
  • Terminology clarification
  • 1-box and 3-box patterns
  • Traps
  • Broadening patterns
  • Bullish and bearish patterns that reverse
  • Poles
  • Other patterns
  • Congestion analysis
  • Summary

Du Plessis CMT1 Chapter 2

Chapter 2: Characteristics and Construction

  • Characteristics of Point and Figure charts
  • Point and Figure construction
  • The move from intra-day to end-of-day – the great controversy
  • End-of-interval time frame Point and Figure charts
  • Log Scale Point and Figure charts
  • Summary

Du Plessis CMT1 Chapter 1

Chapter 1: Introduction to Point and Figure Charts

  • History and Development
  • Where did Point and Figure charts get their name?
  • The use of Point and Figure charts over the years
  • The voice of the market