Thierry is the former president and co-founder of AFATE, the French equivalent of the STA. He is the co-author of a widely read French technical analysis book. Mr Bechu worked as a technical analyst for several years before being a proprietary trader for Dresdner Bank and Commerzbank. Since 2001, he has been working for Société Générale Asset Management (SGAM AI) in the hedge fund division. He managed a global macro fund before taking over the responsibility of the liquid funds of hedge funds business. Thierry is a regular speaker at various French technical analysis events and teaches Technical Analysis at the University Paris-Dauphine.
Thierry BechuHead of Liquid Alternatives, Société Générale
Presentations for the STA
STA Monthly Meeting November 2007 Pattern recognition and subjectivity in Technical Analysis
Most technical analysts and technical traders spend a lot of time observing and trying to recognise chart patterns in order to make market forecasts. But who knows how a pattern is recognised by our minds? The purpose of the presentation is to deal with this recognition process. How do our minds analyse different shapes? The understanding of pattern recognition mechanisms will be based on the main principles of a psychological methodology called “Gestalt Theorie.” Thanks to this we will understand why chart interpretation is definitely subjective and we will discover ways to benefit from this knowledge.