The Association of Chart and Technical Analysts (ACTA) was created in 1968, the oldest of its kind, and became the Society of Technical Analysts Ltd (STA) in November 1986.
Since then Fellowships have been awarded to those members who have either greatly contributed to the field of technical analysis or to the development of the STA. We are indebted to them all.
John J Murphy
Current Company: StockCharts.com
John J Murphy, former technical analyst for CNBC, is author of several popular books including Technical Analysis of the Financial Markets. His three books on intermarket analysis created a new branch of market analysis emphasizing global linkages. His latest book, entitled “Trading With Intermarket Analysis – A Visual Approach to Beating The Financial Markets Using Exchange Traded Funds” was published by John Wiley in 2013. The International Federation of Technical Analysts (IFTA) recognized his accomplishments with an award for outstanding contribution to global market analysis in 2014. He is also a recipient of the Market Technicians Association Annual Award. John relies heavily on Exchange Traded Funds (ETFs) to implement global asset allocation and sector rotation strategies. His intermarket approach bridges the gap between economic, fundamental, and technical analyses. He is the chief technical analyst for Stockcharts.com website, and his current market views are published on that site.
Current Company: Elliott Wave International
Robert R. Prechter, Jr, CMT, is President, Elliott Wave International and Executive Director, Socionomics Institute. He has written 14 books on finance, beginning with Elliott Wave Principle in 1978, which predicted a 1920s-style stock market boom. His 2002 title, Conquer the Crash, predicted the beginning of the 21st century debt crisis. In December 1989, Financial News Network (now CNBC) named him “Guru of the Decade.” In 1999, Bob received the CSTA’s first annual AJ Frost Memorial Award for Outstanding Contribution to the Development of Technical Analysis. In 2003, Traders Library granted him its Hall of Fame award.
Jeremy du Plessis
Current Company: Indexia
In 1982 Jeremy founded Indexia Research and produced one of the first PC based technical analysis software programs. He is an expert on Point and Figure charts and has been lecturing the Point and Figure module on the STA Diploma Course for nearly two decades. He sets the Point and Figure module for the International Federation of Technical Analysts (IFTA) and is the author of the books ‘The definitive guide to Point and Figure’ and ‘21st Century Point and Figure’.
Current Company: Helmsman Economics Ltd
Tony has worked in financial markets for more than 40 years, and currently researches group behaviour in financial markets and economic activity. He is also on the investment advisory committee of the Osiris Property Fund, and is a trustee of two pension funds.
Tony is a Fellow of the STA and was, until recently, a Visiting Professorial Fellow in economics at Queen Mary, University of London. His seminal book ‘Forecasting Financial Markets’ is now in its 6th edition and has been translated into a number of languages. More recently, Tony has had two books published. The first, ‘The Law of Vibration’, was published in 2013. This book addresses the source of, and theory behind, the wisdom of William D Gann. The second, ‘The Life Cycle Hypothesis’, was published in 2018. This book explores the idea that there is a fundamental, and very specific, pattern of evolution behind fluctuations in financial markets and in economic activity.
Malcolm Blazey is past Deputy Chairman of the STA. As a professional trader and analyst Malcolm has over 40 years of market experience, mainly with leading financial institutions in the U.K., Continental Europe and the Middle East. Besides heading two international dealing operations, Malcolm was Assistant Director of Quantitative Research in the International Equities Division of a major European Bank in the City of London, before setting up his own trading and consultancy company. Since 1998, Malcolm has traded financial and commodity futures for his own account, as well as running his trading consultancy.
John Breame had a long career in the City, culminating in a position as Director of a major investment bank. While he was Chairman of the STA he was responsible for instigating and running a series of annual conferences. The first was on HMS Belfast – an economical venue to reflect the fact that it was a new and untried venture for the STA. As it turned out, it was a sell out and the delegates much enjoyed the change from the more usual type of venue. Two more very successful and prestigious conferences followed.
John Cameron is a former Director of the STA. He retired in 2012 after a long career in technical analysis and teaching. He was instrumental in setting up the STA’s educational programme and for over a decade held the position of Head of Education and Chief Examiner.
Chris Chaitow went into the City in 1964 and worked for a number of broking partnerships, moving on to investment banks after ‘Big Bang’. He started studying technical analysis in 1966 and in 1986 was part of a team which developed Value and Momentum, which combined technical trends with quantitative value techniques and delivered above market performance for many years. Around 2000 he helped progress this by adding a quality measure, to develop a system known as Tricast. In the 1980s and 1990s he was regularly voted number one European technical analyst in Institutional Investor and Reuters polls.
Chris was involved in the early days of ACTA and was an original committee member. He is now retired and lives in Thailand.
In 1973, already with a background of technical analysis with a Liverpool stockbroker, David joined Investment Research of Cambridge Limited, doyen of the technical analysis movement since its foundation in Cambridge in 1945 by Alec Ellinger. He became managing director in the 1980s and steered the business gradually away from published analysis newsletters to practical fund management for private clients and small pension schemes.
Feeling a keen sense of urgency to educate private investors, David held many evening seminars over the years and was author of a best-selling book “Charters on Charting”, published in 1995 and serialised in the Financial Times. Over many years he also spoke for IFTA, the US Market Technicians Association and many European Technical Analysis Societies. In 2000 he took early retirement, selling the business to Brown Shipley in London and today enjoys a varied life in Cambridge.
Reg Coaker has always been a sole trader and in the late 1960s read an article in The Investors Chronicle written by David Fuller. He concluded that charts ‘made sense’, took some courses and also began to attend ACTA meetings. He also gave some presentations, mainly on the work of Welles Wilder (the deviser of the RSI indicator). Reg was also an early developer of computer software for technical analysis, though at the early stage data feeds were a problem.
In the 1980s when Philip Gray became Chairman of ACTA he began the process of changing it to the STA. Reg was very involved in this process.
Following education at Marlborough College and Downing College, Cambridge, John decided to remain in Cambridge where he joined locally-based Investment Research, a greatly admired partnership built by Alec Ellinger, the doyen of technical analysis in Europe. Over the years John became a recognized expert in the technical analysis of UK equities and currencies and held a number of important consultancies.
As technology changed and the euro appeared, removing all the cross-rates between individual European currencies, John modified his approach and embraced the changes. He was always a highly sought-after and competent speaker, able to get the technical analysis message across to both professional and private investors; his heart was always with the former.
When Investment Research was converted into a limited company, Investment Research of Cambridge Limited, John was elected Chairman, a post which he held until his retirement.
A graduate of the London School of Economics and Political Science (BSc Social Psychology) Nicole Elliott has worked in banks in the City of London for the last 30 years. Whether in sales, trading or forecasting technical analysis has always been the bedrock of her thinking. Key expertise lies within all areas of treasury: foreign exchange, money markets, fixed income and commodities.
She has also added to the body of knowledge of the industry writing the first western book on Ichimoku Cloud Charts. Strong media links and a cult following are due to her prescient calls on the markets and often entertaining format.
Prof Ronald Giles
Prof Ron Giles has been a lecturer at South Bank University and Queen Mary University, teaching and researching in many different areas include Errors in Economic Observations, Econometrics, Mathematical Statistics, Financial Markets and Institutions, Quantitative Finance, Behavioural Finance and Technical Analysis. Ron was instrumental in setting up the diploma courses in technical analysis for the STA. He has held visiting posts at Kent University, Birmingham University, City University of New York and Alicante University and was an honorary professor at Saratov University Russia. His previous business experience includes working for the National Institute of Economic and Social Research; United Nations Geneva; the UK Government Statistical service and Transterra Ltd.
Philip Gray has over 30 years’ international experience in all aspects of investment banking, especially investment management and stock broking. He has also been a director of various companies listed on the UK, Zurich, Frankfurt and Johannesburg stock exchanges, and is currently a director of an ASX listed industrial company.
Philip was the leading figure in the change from ACTA to STA in 1986, when the Society became a company limited by guarantee, and was the first STA Chairman. He has been a frequent speaker at technical analysis conferences over the years. In addition he has been Chairman of the Hong Kong Society of Investment Analysts. Philip is also a Fellow of the Institute of Directors.
Current Company: ECU Group
Robin Griffiths is Chief Technical Strategist at ECU Group, a role he previously performed at HSBC Investment Bank for 20 years before becoming Head of Global Asset Allocation at Rathbones, and then a director and technical strategist for Cazenove Capital Management. Robin was a Partner of WI Carr and Head of Technical Analysis at Grieveson Grant. Robin has been a member of ECU’s Global Macro Team for over twenty years.
Robin has been a regular on CNN, CNBC, Reuters and Bloomberg TV. He is a committee member and former chairman of the International Federation of Technical Analysts, and former chairman of the Society of Technical Analysts. Mr Griffiths has co-written the book “Mapping The Markets: A Guide to Stockmarket Analysis” with Deborah Owen, another STA Fellow. A keen sailor, Robin has crossed the Atlantic five times, setting a new British record in 1984 with Sir Robin Knox-Johnston.