The STA Blog - Page 22
Tops and bottoms – Which is which?
In a week when Britain saw deflation for the first time in 55 years, and too many European government bonds yield less than nothing, one begins to question one’s sanity in this topsy turvy world. It set me thinking about […]
A farmer allocates assets
Gerry Celaya, describing himself as a small Aberdeenshire sheep farmer, addressed the STA at May’s monthly meeting yesterday. Needless to say Gerry, who used to be a board member of the Society, is no ordinary farmer with a BA and […]
Polling and reality: What do they know?
Walking back from my local polling station today, determined to say my piece in the most unusual and unpredictable British election in living memory, I started thinking about opinion polls. Dictionary definitions of ‘poll’ include: The process of voting in […]
Technical Analysis in a negative world: Who pays who?
Once upon a time life was easy. If you were a ‘good’ person you saved money, deposited at a bank that you trusted, it would earn interest and then, with a bit of luck, you could buy the big-ticket item […]
Tags: bonds, Europe, interest rates, money, Negative Yields
The Technical Analyst Awards 2015
The Technical Analyst Awards ceremony was held last Thursday night for the seventh year running at Le Meriden Piccadilly. Several well known people from the industry were there, including Axel Rudolph, chairman of the STA, Deborah Owen, head of education, […]
Thinking in ratios – Untangling price moves
Media wants attention and like any spoilt child, the beast will do anything to get it. So business headlines scream at us with emotive words like ‘slump’, ‘soar’, ‘crisis’ and ‘opportunity’. It’s difficult not to get swept up in it […]
Julien Camberlin – a famous Belgian – Speaks to STA members on the 14th April
Famous Belgians are as rare as hen’s teeth, so we are being a little facetious here. His excellent, well-timed talk, with clear slides, on a challenging subject, this Namur resident Julien Camberlin (MFTA, CFTe and CEWA Level 1) was ‘worth […]
Tags: Chaos Theory, Elliot Wave, Fibonacci, Fractals, Ratios
Designing Great Visualizations – Tableau® software
Sometimes, only rarely, does one come across something that is, as the kids would say, ‘awesome’. Being a visual sort of person, which I think most technical analysts must be, I recently came across this site and it reminded me […]
The STA take on the JPMorgan Corporate Challenge
Roll up! Sign up! Don’t be frightened by all the big blokes. This really is a fun run which raises money for Cancer Research UK. For the first time ever the STA has entered a team, one of hundreds of […]
Three-D printing – Been there, done that
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 […]
Tags: election, Foreign exchange, FX, heat maps, UK, volatility
Are Technical Analysts a breed apart? Find out with Doctor Dementia’s Test
We are used to dealing with bars, candles and clouds. Points and figures, ratios and angles. But let’s see how we fare when letters and numbers out of order. Try reading this aloud; be warned, only a few can do […]
Trending over the very long term – Secular trends and ruminations
Trading the wholesale markets for the last 35 years, I have been thinking about the changes I have seen.
Most obvious of course is technology, the advent of computing power revolutionising the way we technical analysts work, the quantity of data we can deal with, and the choices we have available to us. Not forgetting search engines so that we can quickly double-check details we have forgotten and theories we are a bit flaky on. I find Wikipedia and StockCharts.com invaluable when unsure of which parameter is the default for a particular analysis – and so on.
Too many moving averages? And many moving parts
A long, long, time ago, I can still remember – when moving averages were plain and simple. Nothing weighted or exponential, dynamic or otherwise (nowadays considered moribund perhaps). Traders used to use 10 and 20 day moving average crossovers to generate buy and sell signals; fund managers, who had time on their side, opted for 50 and 200 day ones, again only crossovers.
Tags: crossover, exponential, Foreign exchange, FX, moving average, trending
An old-fashioned line chart For today’s volatility
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.
Tags: bar chart, candles, FX, line chart, options, volatility
Coinciding with currency wars – Rebasing charts
We all know that the euro is plummeting, it’s status as the most hated currency in a long time well established. But what’s it doing relative to other currencies around the globe? When some are quoted as US dollars per unit of currency, like the euro, and others as currency per US dollar, like the Japanese yen, how can we compare this frankly motley lot?
Tags: FX, rebasing, relative strength
Notes and thoughts from the latest STA meeting
Reporting from the lecture given by Yann Cordier on the 10th March 2015, who had kindly torn himself away from his interesting job at Axa Investment Managers in Paris, something of a ‘back to the future’ theme emerged.
The main thrust of his focus was the relative strength of different sectors of the stock market. Not to be confused with the Relative Strength Index used by technical analysts (RSI), his technique looks at relative outperformance of one security against another one; the ratio between the two compares winners with losers. This sort of thing has been used for a very long time by stockbrokers when comparing a share to the performance of the index it is included in.
Tags: relative strength, RSI, sectors, STA monthly meeting, Stock market
New features for the STA web site
Unnerving times in the markets and the Society of Technical Analysts has some exciting developments up its sleeve to help you manoeuvre the potholes and avoid the pitfalls of these extraordinary financial times. We continue to improve the website, both its content and style, and would welcome members’ feedback.
Tags: networking, newsfeed, STA news
- Seasonality permeates many aspects of life: Financial markets are no exception May 26, 2023
- British stockbrokers’ saying: ‘Sell in May and go away’ May 19, 2023
- Are you any good with the Greeks? Matt Cowart has a way with these and shares his insights May 11, 2023
- Fellows flock for lunch: STA members are also good fellows May 2, 2023
- Read Karen Jones’ experience of our first ‘Technicals to Trading Systems’ Conference April 20, 2023
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