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Bachelor	TR-NQF-HE: Level 6	QF-EHEA: First Cycle	EQF-LLL: Level 6

Course Introduction and Application Information

Course Code	Course Name	Semester	Theoretical	Practical	Credit	ECTS
IF4838	Timing and Forecasting in Financial Markets	Spring	3	0	3	9

This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester.

Basic information

Language of instruction:	English
Type of course:	Non-Departmental Elective
Course Level:	Bachelor’s Degree (First Cycle)
Mode of Delivery:	Face to face
Course Coordinator :	Assist. Prof. BAHAR KÖSEOĞLU
Course Lecturer(s):	Prof. Dr. HAKKI ÖZTÜRK
Recommended Optional Program Components:	None
Course Objectives:	Timing and forecasting in financial markets using technical analysis is forecasting of market prices of any securities or commodities by the process of analyzing a security’s historical prices. “Technical analysis is based upon the idea that markets move in trends, and that trends are determined by investor's reactions to a wide variety of changing forces" (Martin J.Pring). Technical Analysis is somewhat different from other courses in the sense that it is more art than science. It is about subjectively evaluating and interpreting formations and signals, then decide according to these criteria about the possible direction of the stock and the market. Due to this nature, it is basically a practice oriented course. I will be using the programs Bloomberg, Metastock, and Foreks with real-time market data.

Learning Outcomes

The students who have succeeded in this course;
At the end of the course, you will be able to:

1. gained knowledge about Dow Theory
2. acquired in-depth knowledge of the principles of technical analysis.
3. Developed understanding of trendlines
4. gained insight into indicators.
5. acquired the competence to understand various patterns

Course Content

Price charts, major indicators and oscillators , timing in security markets, construct a buy-sell systems
Teaching methods of the course are “Lecture, Individual Study, Reading, Problem Solving, Case Study, Discussion”

Weekly Detailed Course Contents

Week	Subject	Related Preparation
1)	Introduction Course Schedule Expectations
2)	Technical Analysis versus Fundamental Analysis
3)	Introduction to Technical Market Analysis. What is Technical Analysis? Does it work? Dow Theory, Objections to Technical Analysis and Efficiency Hypothesis.
4)	What is a trend? Support and Resistance Lines
5)	Major Patterns: Double Tops, Double Bottoms, Head and Shoulders, Triangles, Flags, etc.
6)	Major Patterns: Double Tops, Double Bottoms, Head and Shoulders, Triangles, Flags, etc.
7)	Charts: Bar, Line, Point and Figure, Candlesticks
7)	Momentum, P(ROC)
8)	Fibonnacci Analysis Gaps
9)	Midterm Exam
10)	Concept of Moving Averages, Creating a Moving Average Signal, Different Types of Moving Averages
11)	Indicators and Oscillators: RSI, MACD, Stochastic ROC, Momentum
12)	Indicators and Oscillators:Trix, Directional Moving Indicator
13)	Divergency and Divergence Trading
14)	Review and Questions-Answers Session

Sources

Course Notes / Textbooks:	Martin J. Pring. "Technical Analysis Explained. The Successful Investor's Guide to Spotting Investment Trends and Turning Points", McGraw- Hill, 2014. Hakkı Öztürk "How Rewarding Is Divergence Trading In Technical Analysis? Emprical Tests For Stock Exchanges, Commodities and Currency Pairs", LAP, Germany, 2017. (with M. Fatih Güneş)
References:	Martin J. Pring. "Technical Analysis Explained. The Successful Investor's Guide to Spotting Investment Trends and Turning Points", McGraw- Hill, 2014. Hakkı Öztürk "How Rewarding Is Divergence Trading In Technical Analysis? Emprical Tests For Stock Exchanges, Commodities and Currency Pairs", LAP, Germany, 2017. (with M. Fatih Güneş)

Evaluation System

Semester Requirements	Number of Activities	Level of Contribution
Midterms	1	% 50
Final	1	% 50
Total		% 100
PERCENTAGE OF SEMESTER WORK		% 50
PERCENTAGE OF FINAL WORK		% 50
Total		% 100

ECTS / Workload Table

Activities	Number of Activities	Duration (Hours)	Workload
Course Hours	13	3	39
Study Hours Out of Class	14	13	182
Midterms	1	2	2
Final	1	2	2
Total Workload			225

Contribution of Learning Outcomes to Programme Outcomes

No Effect	1 Lowest	2 Low	3 Average	4 High	5 Highest

	Program Outcomes	Level of Contribution
1)	To prepare students to become communication professionals by focusing on strategic thinking, professional writing, ethical practices, and the innovative use of both traditional and new media	2
2)	To be able to explain and define problems related to the relationship between facts and phenomena in areas such as Advertising, Persuasive Communication, and Brand Management
3)	To critically discuss and interpret theories, concepts, methods, tools, and ideas in the field of advertising
4)	To be able to follow and interpret innovations in the field of advertising
5)	To demonstrate a scientific perspective in line with the topics they are curious about in the field.
6)	To address and solve the needs and problems of the field through the developed scientific perspective
7)	To recognize and understand all the dynamics within the field of advertising
8)	To analyze and develop solutions to problems encountered in the practical field of advertising