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 […]
Category: Technical Analysis
For those of you who couldn’t make the STA’s 30th birthday party on the 30th November – you missed a real treat. Originally ACTA (the Association of Chart and Technical Analysts founded in 1968) Philip Gray, Fellow of the Society […]
Describing himself as a financial historian Russell Napier’s talk at the STA’s December meeting was thorough yet refreshing. Willing to cut through jargon, slice and dice received wisdom, hack through complacency, and generally challenge the status quo, he certainly got […]
For some years now the STA has been holding its annual dinner at the National Liberal Club – preferably when the Liberal Party’s MPs and supporters are off in another UK city attending their annual conference. You see, STA members […]
You may not use it yourself, but you’ve probably heard of the Andrews Pitchfork. At first sight it looks like some sort of mean regression with standard deviations either side and, because of this, it is also known as the […]
Saturday I was invited to take part in a panel discussion at the Financial Trading Summit in London’s May Fair Hotel, organised by a UK online broker and spread betting firm; it was well attended and judged a success. I […]
Stock, bond, and FX markets have been on a wild ride since the so-called ‘surprise’ election of Donald Trump as 45th US President. He doesn’t start the job until January but already there is much speculation as to who he […]
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 […]
Historical data has value, adds perspective, and is an interesting pursuit in itself. Providers of analytics and technical analysis boast about how far back their charts go; the reality is that this is the case for only a handful of […]
I know this isn’t pure technical analysis but I thought you might be interested in some recent research from the bank’s Asset Management division which I received. If nothing else it is a salutary lesson in how careful one must […]
Yesterday’s speaker at the STA’s monthly meeting was a breath of fresh air – flying in from the outback via the Jesuits who helped him hone his fantastic memory for numbers (he says). A handy skill as Stephen M Barrett […]
From time immemorial man has tried to predict the future. Using omens, soothsayers and the stars, moving through to accountants who delve into the details of a company ‘Dragons Den’ style to decide whether to invest, or big-picture thinking known as macro-economics, the top-down study of global economic trends.
This year I’ve found charting gold very difficult indeed. Not so impossible that I begin to doubt my abilities as a technical analyst, but hard enough to warrant a lot of head scratching, caution with my forecasts, and to remind […]
An introduction to the Italian mathematician, Leonardo Fibonacci (circa 1170-1250), will be dispensed with as the man is less relevant to this article than what he documented in his 13th century book Liber Abaci: namely his discovery of the Hindu number sequence […]
Lambeth born Lee Sandford started as an apprentice for Portsmouth Football Club at the age of 13 on just over 13 quid a week. By 17 he’d turned professional working his way through to Stoke City and Sheffield United. While […]
Rapidly shrinking Swiss investment banking giant UBS is in the news again – and for perhaps the wrong reasons. First up its Broadgate Circle London head office was nominated a candidate for magazine Building Design’s Carbuncle Cup. Described by the […]
This week’s report by the Institute of Fiscal Studies into the difference between men and women’s pay was all too predictable and just as disappointing. Precious little progress in narrowing the gap not just in hourly pay, but promotion prospects […]
In a lengthy study devised and written up by social psychologist Philip Tetlock and author Dan Gardner, thousands of laymen were pitted against ‘experts’ to see who could make the most accurate predictions, and with what degree of confidence. The […]
One of the few economists that I follow, with his own web site, http://www.mauldineconomics.com/ sent me this yesterday. Sorry it’s so last-minute (dot com) but I just thought it might be worth a look. I’ve been using Marc’s oscillator for […]
Yesterday I was invited for an interview at a business television programme. As per the form of the last twenty years (when this terrified technical analyst first appeared on camera) I emailed over my charts beforehand, complete with trend lines, […]
The STA’s annual summer party was a real treat with the awarding of Diplomas to this year’s successful students followed by a presentation by an eminent speaker, then drinks and lots of nice nibbles for all later. An excellent turnout […]
Before we tell you about the STA’s annual summer party, and before you hear about the riveting presentation given by Philip Gray FSTA focusing on Chinese markets, we have to tell you about the first part of the evening. This […]
The wild gyrations in global markets since the Brexit vote to leave the EU have brought out the best and the worst in markets and pundits. Volatility in UK shares following the vote to leave the EU is “no reason […]
In last week’s blog we covered David Sneddon’s talk at the STA’s June monthly meeting. You can read this on www.sta-uk.org where members can also view a video recording of the presentation. Starting with a proprietary risk asset tool designed […]
We welcomed back to our monthly meeting one of our members’ favourite speakers: David Sneddon, MD global strategy TA at Credit Suisse in London where he has been working for about twenty years – technical analysis is really his life’s […]
Throughout my career I have placed an inordinate value on long term charts. In this day and age of on-line information, where allegedly everything is available at the touch of a button, scratch a little and you’ll find this is […]
Earlier this year – mid-February to be precise – the Weekend FT’s Money section printed an article by John Dizard. Considered one of their more serious commentators, the piece was entitled ‘Technical analysts have a pretty gloomy outlook for risk […]
Recent work of mine on Fibonacci, inspired in part by the mathematical garden at the Chelsea Flower Show (designed by silver gilt winner and head gardener at the Chelsea Physic Garden Nick Bailey), started me thinking about magical numbers. These […]
Not the quickest route to the STA’s monthly meeting but the Bank of England’s blog for staff to share views. http://bankunderground.co.uk/ When Dan Nixon of the Stakeholders Communications & Strategy division writes thus: Economic theory generally assumes that more consumption […]
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