The STA Blog - Tag: FX
That’s how Adrian Schmidt said he felt as a fundamental analyst slotted between two technical analysts at yesterday evening’s special panel debate organised at the STA’s usual (and lovely) venue in conjunction with the ACI. To an almost full house – maybe because of the ACI hook-up, maybe because investors make plans in January, maybe because of the calibre of the speakers – the session was riveting.
Recorded and broadcast live on Friday the 8th November, just ahead of Remembrance Sunday 2019, STA Committee member Eddie Tofpik appropriately decided to do a special educational show on the Andrews pitchfork. Church on Sunday reminded me that Isaiah 2:4 says: ‘’and they shall beat their swords into ploughshares, and their spears into pruning hooks: nation shall not lift up sword against nation’’.
Robin Wilkin, Director of Global Cross Asset Strategy at Lloyd’s Banking Group, uses R. N. Elliott’s wave count theory as his main technical analysis tool. Market professionals – and amateurs even more so – often find this topic tricky and, […]
Many novice traders think that options are a great idea: You buy unlimited potential to profit and a guaranteed stop-loss which you can quantify right from the very beginning. What’s not to like? But as my daughter found out on […]
Recent comments, comings, and goings at the US White House have been really too extraordinary for words. Vowing to clean up the Washington ‘swamp’, Donald Trump has collected a coterie of unusual candidates in his inner circle. So rather than […]
As has been the case for the last few years, January’s monthly STA meeting takes a panel discussion format – where we continue to encourage audience participation. Seeing as they were getting three speakers for the price of one, the […]
Remember, remember the 5th of November – and while most of the UK was planning bonfires and baked potatoes, traders had quite another fish to fry. Organised by Simon Campbell who has several years’ experience under his belt, the Connaught […]
Rather than the usual monthly format of guest speaker presentation followed by a handful of questions, January’s get together encourages audience participation and debate between the speakers themselves. The STA was lucky to have a panel of three very different […]
In the olden days charts were kept by hand. Graph paper was usually white, though sometimes pale green was preferred as it is said to be easier on the eye. Sharpened pencils at the ready the working day started and […]
School’s out for summer and for once the pound is stronger against the euro. This becomes immediately apparent as you walk past the bureau de change along the high street but the question is whether it’s the euro’s fault (and […]
The summer sales are in full swing on the UK High Street, red banners proclaiming savings of 20, 40 and up to 70 per cent off the original retail price. Having become used to year-round promotions, become cynical about marketing […]
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, […]
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 […]
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 […]
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 […]
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.
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.
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?
- ‘Global Outlook and the Minsky Risk’: A presentation by Ron William CFTe MSTA for IFTA February 26, 2021
- Dow Theory – in case you’ve forgotten: Digging a little deeper to banish glib assumptions February 19, 2021
- Mind the Gap! ‘Support, Resistance – Hidden Gaps and other Methods’ February 10, 2021
- Coincidence, correlation and confluence: Looking at the US stock market from three different angles February 5, 2021
- How to present yourself: In the Working From Home world January 27, 2021
- A fireside chat with author Jack D Schwager: He of Market Wizards fame on
- Market Wizards – and their lesser known cohorts: Jack Schwager hits the book launch circuit on
- Colours, clashes and clichés: How and why use colourful charts on
- Do you know Aroon? I do, but not very well on
- Must read classics: Richard W Schabacker – the real bible of technical analysis on
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