Approached by an STA member recently at a monthly meeting, he showed me a very interesting report by FTSE Russell, an organisation producing equity benchmarks and research on these, wholly owned by the London Stock Exchange Group.  Of the five […]

We all know that the prime mover of technical analysis is a time series analysis of market prices, sometimes labelled as ‘descriptive statistics’ by statisticians. They then call all further analysis based on this data ‘inductive statistics’ which include forecasts, generalisations, and extrapolations.

At November’s STA monthly meeting we were treated to a very interesting talk by motivational coach Steve Ward (do watch the video which is now on the STA website). But there was an added extra in store for me over […]

Since my last blog post regarding Fibonacci Extensions for profit targets, I have received some great feedback, so I would like to say thank you to everyone who took the time to read it. In this post I will be […]

Founder member of the STA Philip Gray treated us to a no-holds-barred look into manias and the madness of crowds last night. Warning us: ‘this lecture will seriously damage your wealth’ he regaled us with interesting, and many hilarious anecdotes […]

There are many rules of thumb involving market moves and the size of these; a ten per cent stock market decline is called a correction and 20 per cent drop a bear market. But what can we conclude when markets […]

How many roll up their sleeves in a hurry, study the price chart of their favourite financial instrument, using the same old methods and time frame, all the time. When questioned, the usual retort is that this is their preferred […]

This week the euro rallied five US cents in 65 hours, despite on-going Greek drama, and all too many financial analysts were stumped, slaughtered, and lost for words. I have been wondering whether technical analysis can help in predicting surprise, […]

You will have probably heard of the great new technological leap forward that is the ability to print in three dimensions. Not only will we eventually be able to make body part replacements, but I have been warned that the […]

Only economists use line charts.  We technical analysts have developed far more sophisticated methods, first bar charts, then bar charts with opening and closing levels which morphed into candlesticks, not forgetting those with no time scale along the bottom like Point & Figure, Renko, and the Japanese Three Line Break.