STA Monthly Meeting October 2006

Wednesday 11th October 2006
Program trading, next generation market news commentary and the future of technical analysis

Aboudy started off working as a chartered accountant with Arthur Andersen, before trading his own account since the end of 2001. His talk is aimed at challenging traditional technical analysis and analysts who, in his opinion, spend too much time looking for “pretty” chart patterns rather than focus on what technical analysis is meant to be, which, according to him, is a tool to aid real-world trading. Aboudy would like to stimulate thought, reach into the spirit of technical analysis and open up new ideas and ways at analysing charts for real trading.

He will be discussing the rise in program trading and its effect on the technical analysis discipline. With the growing trend in machines rather than humans carrying out trading, questions will be raised on the use of conventional technical analysis and its relevance in the modern marketplace. Aboudy will be discussing his views on the future of technical analysis and his opinions on how as market technicians, we need to go back to the heart of technical analysis to help us face the future. To assist in this, Aboudy will be demonstrating VIA Trader as the first real time technical news service designed to provide a stream of valuable analysis and in depth commentary to allow for rapid assimilation of key market information.

Speaker
Aboudy Nasser MSTA, Director, VIA Trader

Aboudy Nasser is the founder and Director of VIA Trader, an automated real time technical market news commentary service.

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