The STA Blog - Trading - Page 2
Fickle followers of fashion: Who, and why, do they choose to move on?
Many moons ago I remember the morning my colleague, Mariella Cassar, brought a book into the office at Midland Bank, City of London. She was clearly very excited about it and wanted to share – and discuss – some of […]
Tags: Mathematical models, outliers, Real Body, volume
Crisis, what crisis? Can technical analysis help?
A word bandied around a lot of late, so I looked up its correct definition in my Collins Dictionary of the English Language (second edition 1986). The meaning is as follows: ‘1) a crucial stage or turning point in the […]
Tags: Peaks, troughs, turning points, worry
Keep their quant tactics incognito
Off to One Moorgate Place, London, on the 10th October 2023 and an unusually balmy evening, for an in-person monthly meeting of the STA. The presentation by Thiru Nagappan was billed as: ‘Quantative Strategy Construction with 3 Critical Stats’. Opaque […]
Tags: cycles, drawdown, jargon, Principles, Swing Trading
Tips, tops and the odds: Can you spot a swindle from afar?
Late last month the Commodity Trading Futures Commission, the US’ main derivatives regulator, decided not to allow exchange traded bets on American political parties. They said: ‘the contracts involve gaming and activity that is unlawful under state law and are […]
Tags: betting, options, risk, volatility
The STA’s 55th Birthday Party: Drinks, canapés and a good crowd
The first week of September 2023 was the hottest ever for this time of year in Britain. The following week, on the 14th, was the STA’s party at the lovely National Liberal Club on the Embankment; I was worried we […]
Tags: Anniversary, Birthday, networking, Party
‘Elliott Wave Outlook on Global Equity Markets’: The GPS of the markets works on fractals
A virtual STA monthly meeting 12th September 2023 saw a presentation by Ashish Kyal who describes himself as: ‘Trader, Mentor and Founder of Wavesstrategy.com’. Based in Mumbai, it was nice to see that his many Indian followers had signed up […]
Tags: cycles, Elliott, Fibonacci, Waves
International Technical Analysts Day: Remember, remember the 9th of September
Last year, instigated by the Board of the STA with Chair Eddie Tofpik a keen proponent of the idea, the concept of a day in which to recognise the profession of technical analyst was registered with the authority overseeing these […]
Tags: Education, inspiration, Mentors, thanks
The generation game: Fault lines and advantages
Earlier this year I had lunch with a good friend; she brought along her eldest daughter. I’ve known the kid since she was about five years old; today she’s a poised, smart adult running a small London legal practice. Talking […]
Tags: Compliance, Content, IFA, Social media
Elastic bands, bonds and rebounds: How to spot reversals – in charts and thinking
As a kid, did you fear an elastic band? Today in Britain you are likely to see these scattered along residential streets, discarded by Royal Mail postmen (little kids sometimes collect them in a ball). In the school playground however, […]
To infinity and beyond! Can price charts cope?
I recently read a review of a musical theatre piece based on a book by Michael R. Jackson called ‘A Strange Loop’. Following on from a previous Barbican production starring Joana Seguro and Royal Society Fellow Marcus du Sautoy, the […]
Tags: Infinity, repetition, variations on a theme, zero bound
‘Chaos Kings: How Wall Street Traders Make Billions in the New Age of Crisis’ by Scott Patterson
Apologies for the sensational title, but this book was reviewed by Katie Martin in the Weekend FT ten days ago. While I skim through several online news services during the week, I physically go out and buy a hard copy […]
Tags: hedge funds, short-selling
Panel Review for the Second Half: Speakers’ brevity and honesty at the fore
Exactly six months ago our trusty panel of speakers presented their outlook for key areas of financial markets for the calendar year 2023. They bravely decided to reconvene yesterday (11th July), the STA with a technical analysis-based view, The Broker […]
Tags: Forecasting; debate; outlook; FX
Point and Figure is Pro-Level Tic, Tac, Toe: Noughts and Crosses to us Brits
Andreas Clenow flew in from Zurich to give an in-person presentation at June’s regular STA monthly meeting. Billed in a lengthy promotional email as: ‘This presentation will demonstrate that there are flaws in point and figure which can be fixed. […]
INSTAGRAM AND ME: Social Media’s ups and downs
A few years ago a friend gave me his old smartphone (ageing [him], he opted for a bigger screen that gave him a better chance of reading the text and hitting the correct letters). Having avoided this sort of device […]
Tags: Fibonacci, Maths, Proportion, Ratios
Chatting with my friend Axel Rudolph: The STA’s Head of Education and Non-Executive Board Member
My parents were great believers in education, probably spending more money than they could really afford on schools and courses for their children; not just academic things, but also art, music and sports. I realise I was very lucky and […]
Seasonality permeates many aspects of life: Financial markets are no exception
One of the many advantages of being a member of the Society of Technical Analysts (STA) is that, because we’re affiliated with the International Federation of Technical Analysts (IFTA), we can join their online presentations. I was advised by email […]
Tags: cycles, ETF, probability, Seasonality
British stockbrokers’ saying: ‘Sell in May and go away’
Foreigners often believe that Brits’ are totally into tradition. As a subject of His Majesty King Charles III, I can say that this may or may not be the case, and in any event, don’t be fooled; all too many […]
Tags: Confluence, corroboration, Equities, Indices
Are you any good with the Greeks? Matt Cowart has a way with these and shares his insights
The STA’s May monthly meeting yesterday, 9th, saw a slick web-based presentation by Matt Cowart, founder and CEO of Rocket Scooter (‘’a nod to made in my garage’’). From an engineering background, his interest in trading US stocks started in […]
Tags: options, Orders, volume
Fellows flock for lunch: STA members are also good fellows
For some years now, Covid-permitting, an annual lunch is organised for Fellows of the STA.. This event is by invitation only and to those who have been awarded the distinction. You ask: how many types of STA membership are there? […]
Tags: Meetings, reunions, socialising
Read Karen Jones’ experience of our first ‘Technicals to Trading Systems’ Conference
I attended the Technicals to Trading Systems conference that the STA held on the 18th of April. Although this was not entirely my “wheelhouse” as a more traditional chartist, I thoroughly enjoyed it. Firstly, I want to say that I […]
Tags: conference, networking, Trading Systems
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