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Exam Information

Our ‘gold standard’ technical analysis courses are held once a year, starting in October with the Part 1 course followed in January by the Part 2 course. Beginners to technical analysis are advised to complete both courses however those with more experience can progress directly onto the advanced Part 2 course*.

The most flexible way to become a qualified technical analyst is by completing our Home Study Course. You can choose how long to take to qualify as technical analyst based on the amount of time you have to dedicate to study each week. The home study course is designed for those who need a truly part-time study option with greater flexibility.

Full details on the above can be found on our education pages.

* In order to become fully qualified those wishing to only complete Diploma Part 2 must book and pass the Part 1 exam separately.

Candidates for the STA Diploma Part 1 and Part 2 exams sit the exams in their own personal space, under Zoom invigilation. All that is required is a PC/laptop with a camera, a mobile phone or iPad with camera and access to the internet. We give full guidance steering candidates through the process to ensure it is smooth on the day. Hear what past candidates say:

Thank you STA for doing a great job in organising the online exam. The Zoom Practice session, Zoom checklist and practice chart annotations PowerPoint which you previously sent out were very helpful in getting prepared for the online exam. The end of the course lectures on Zoom were very good and I am very glad I did the STA Part 2 course as well as the HSC given I am based in Dublin.”
“The STA made sitting the exam online a very straightforward process. We were given lots of direction on how to adapt to annotating charts using PowerPoint rather than by hand. On the day it all went very smoothly, so much so that we started and finished 10 minutes ahead of schedule.”
“Congratulations and well done to you and colleagues on getting the examinations completed online for the first time. I’m sure you’re as relieved as we students are to get it finished without a hitch. I thought it went remarkably well. The organisation was superb. Everything was handled with impeccable professionalism and I thought the whole process went very smoothly.”

We’re here to help: We take the time to really understand your goals, so if you need a bit of extra advice choosing the right course to suit your exact requirements – or have any questions – please contact a member of the STA team on [email protected] or call 020 7125 0038.

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Reading List

Below you will find the reading list for all STA educational courses.

The STA is the professional body associated with technical analysis. We run annual courses for both experienced and novice analysts. Courses are held online via zoom and all teaching is by qualified STA members. The courses are accredited by the Chartered Institute for Securities & Investment (CISI) and eligible for CPD (Continuing Professional Development) points. The STA also teaches the Diploma courses in-house to postgrad students at King’s College London.

Book 1

Technical Analysis of the Financial Markets

Murphy, John J.
New York Institute of Finance/Prentice Hall

Latest or current edition

John Murphy’s renowned book is essential reading for the beginner – and is also a core text for students progressing to Part 2 of the STA Diploma.

Book 2

Technical Analysis Explained

Pring, Martin
McGraw-Hill

Latest or current edition

Also immensely informative on a wide range of topics, written by another key figure in the world of technical analysis. More emphasis on momentum than Murphy; less detail on Elliott Wave.

Book 3

Technical Analysis: The Complete Resource for Financial Market Technicians

Kirkpatrick, Charles D
Dahlquist, Julie R

Latest or current edition

An excellent complement to Murphy/Pring. In addition to core technical topics this book offers comprehensive sections on flow of funds, system trading and money management, and takes a brief look at statistics.

Book 4

Cloud Charts: Trading Success with the Ichimoku Technique (chapter on Ichimoku)

Linton, David
Updata plc

Latest or current edition

The Ichimoku section takes the reader through a clear and systematic explanation of the technique, and is enhanced by a large selection of high quality charts.

Book 5

Japanese Candlestick Charting Techniques

Nison, Steve
New York Institute of Finance

Latest or current edition

Steve Nison introduced candlestick charting to the West in the late 1980s. This revised edition of his original book remains the authoritative text.

Book 6

Candlestick Charts

Lambert, Clive
Harriman House Ltd

Latest or current edition

Clive Lambert’s extensive trading experience and writing style make this an enjoyable and educational resource, and an excellent addition to Nison.

Book 7

The Definitive Guide to Point and Figure

du Plessis, Jeremy
Harriman House Ltd

Latest or current edition

This title says it all. Jeremy du Plessis’ book has become the definitive guide for students who want to develop a thorough understanding of this valuable technique.

Book 8

Forecasting Financial Markets

Plummer, Tony
Kogan Page

Latest or current edition

Tony Plummer, who has worked in financial markets for over 35 years, offers the student invaluable insights into crowd behaviour, the nature of cycles, and Fibonacci applications.

Book 9

R N Elliott’s Masterworks, the Definitive Collection

Prechter, Robert
New Classic Library

Latest or current edition

This expanded version offers previously out-of-print works by R.N. Elliott in addition to 'The Wave Principle' and 'Nature’s Law – The Secret of the Universe'.

Book 10

Ichimoku Charts: An Introduction to Ichimoku Kinko Clouds

Elliott, Nicole
Harriman House Ltd

Latest or current edition

Nicole Elliott’s 25 years’ experience in financial markets and her accessible style make this a popular and useful introduction to Ichimoku.

Book 11

Breakthroughs in Technical Analysis (chapter on Gann)

Keller, David
Bloomberg Financial

Latest or current edition

This compilation presents insights from expert voices on various aspects of analysis – including W.D. Gann’s esoteric ideas.

Book 12

Mastering Hurst Cycle Analysis

Grafton, Christopher
Harriman House Ltd

Latest or current edition

Christopher Grafton’s excellent book presents J.M. Hurst’s ideas in clear and usable form.

Book 13

21st Century Point & Figure

du Plessis, Jeremy
Harriman House Ltd

Latest or current edition

Suitable for the student who is already proficient in point and figure charting, this innovative book takes the technique to a whole new level.

Book 14

Quantitative Trading Systems – Practical Methods for Design, Testing, and Validation

Bandy, Dr. Howard B.
Blue Owl Press

Latest or current edition

Dr. Bandy’s interesting book is a must read for anyone who wishes to develop a trading system.

Book 15

The Handbook of Technical Analysis

Lim, Mark Andrew
Wiley

Latest or current edition

Perhaps an understatement – this book offers over 900 pages of well thought-out content on nearly every topic in technical analysis.

Book 16

Heikin-Ashi

Valcu, Dan
Educofin Ltd

Latest or current edition

This book shows how to trade without candlestick patterns using Heikin-Ashi candles and pattern recognition.

Book 17

Mind over Markets

Dalton, James / Jones, Eric / Dalton, Robert
Wiley

Latest or current edition

An excellent explanation of the construction and practical application of Market Profile®.

Book 18

Beyond Candlesticks

Nison, Steve
New York Institute of Finance

Latest or current edition

This book covers lesser-known Japanese chart types like Renko and Kagi with revised content and practice sessions for deeper understanding.

Book 19

Elliott Wave Principle – Key to Market Behavior

Frost and Prechter
Wiley

Latest or current edition

The definitive text on the Elliott Wave Principle remains core reading for students and practitioners alike.

iconAdditional Reading

The Thirty-Second Jewel

Brown, Constance
Purchase directly from Aerodynamic Investments Inc

A huge volume, really more a course in W.D. Gann’s methods than a book, which ‘opens the suitcase’ to Gann’s world and his secrets, taking the reader immeasurably deeper than simply the fan lines and retracements so familiar to market technicians. David Watts MSTA called Constance Brown’s remarkable research ‘a Sherlock Holmes story of our time’.

Trader Vic: Methods of a Wall Street Master

Sperandeo, Victor
John Wiley & Sons Inc. Latest or current edition

A classic on the subject of investing.

Against the Gods – The Remarkable Story of Risk

Bernstein, Peter
John Wiley & Sons Inc. Latest or current edition

This widely acclaimed book is a fascinating exploration of the history of risk.

Unknown Market Wizards

Schwager, Jack
Harriman House
2020 edition

The latest in the Market Wizards series continues in the format of interviews with exceptionally successful traders – the difference here being that these traders are unknown in the investment world but have nonetheless achieved astonishing performance records.

Course Lecturers
COURSE LECTURERS
HSC Authors
HSC AUTHORS

Education Videos

Please find below three video clips of STA educational courses to give you a feeling of the type of lectures we teach.

STA Diploma Level 1 Course on Candlesticks

This excerpt of a STA Diploma Part 1 Course video shows Clive Lambert giving a lecture on candlesticks. He is the founder of FuturesTechs, one of the UK’s leading and multi-award winning independent technical analysis companies, and author of the book “Candlestick Charts: An Introduction to using Candlestick Charts.”

STA Diploma Part 2 Course on Elliott Wave Principle

The above video clip shows Thomas Anthoni, former FX Technical Strategist at JPMorgan, explain the Elliott Wave Principle during a STA Diploma Part 2 lecture.

STA Diploma Part 2 Exam Preparation Session

This video is an excerpt of the STA Part 2 Exam Preparation Session which helps students pass the STA Diploma examination. In it Luise Kliem, who has worked as a technical analyst for Merrill Lynch, Commerzbank and Credit Suisse, explains how to analyse charts and write coherent reports.