The International Federation of Technical Analysts (IFTA) 26th annual conference will be held October 9–11, 2013, in San Francisco, featuring discussions on the increasingly interconnected landscape of worldwide markets.TRADE NEWS & PRODUCTS
The International Federation of Technical Analysts (IFTA) 26th annual conference will be held October 9–11, 2013, in San Francisco, featuring discussions on the increasingly interconnected landscape of worldwide markets.
Professional technical analysts speaking at this year’s conference include Richard Arms, Martin Pring, Constance Brown, Howard Bandy, and others. They will speak on subjects ranging from currency and emerging market investments to new technical methods and ideas. Friday’s “Market Wizards Day” will feature sessions on the future of financial analysis with Jack Schwager, Ed Seykota, and Linda Bradford Raschke.
There will also be industry panels with Henry Pruden, Gregory Morris, Ralph Acampora, David Keller, David Sneddon, David Lundgren, Craig Johnson, and others. Following the conference, the American Association of Professional Technical Analysts (AAPTA) will host an open mic for casual presentations.
additional information: https://IFTA.org
The Market Technicians Association (MTA), a professional organization for technical analysis practitioners and the governing body for the Chartered Market Technician (CMT) designation, announced its selection of this year’s Charles H. Dow Award recipient. Selected was George A. Schade Jr., CMT, for his paper “The Repeating Story Of On-Balance Volume,” on the importance of history to the technical analysis field. A copy of this year’s winning submission can be accessed as a PDF from https://docs.mta.org/dow-award/2013-dow-schade.pdf.
The MTA has presented the Charles H. Dow Award for excellence and creativity in technical analysis since 1994. Technical analysts are invited to send submissions for next year’s award, for which the submission deadline is February 1, 2014. The winning author will receive a cash prize and will be invited to present the paper at an MTA seminar or chapter meeting, and may also be published in the MTA’s Journal Of Technical Analysis, e-newsletter, and website.
additional information: https://MTA.org
Utah-based Innovative Market Analysis announced it had acquired the MetaStock technical analysis software line from Thomson Reuters. The company was created by current MetaStock President Scott Brown. Innovative Market Analysis will continue selling the MetaStock and MetaStock Pro charting software packages to self-directed traders worldwide. Support, programming, developing the software, and management of customer accounts will remain unchanged for customers. Thomson Reuters’ DataLink and XENITH datafeeds will continue to power MetaStock and MetaStock Pro. On the institutional side, Thomson Reuters clients can still use MetaStock Pro functionality in its flagship desktop platform Thomson Reuters Eikon.
additional information: www.MetaStock.com
Justine Williams-Lara, trader, educator, coach, author of Trading Chaos, and president of Profitunity Trading Group, has created a 90-minute DVD course on how to count Elliott waves using simple and precise techniques on current charts in all time frames and markets including futures, stocks, ETFs, indexes, and forex.
The DVD includes real-time examples of counting Elliott waves. It also teaches how to utilize Profitunity indicators such as fractals and the Awesome Oscillator (AO) to help identify the underlying structure of the current market.
Even if a trader already has a profitable trading system, the DVD is designed to help improve the trader’s ability to spot the immediate trend and fine-tune entries and exits.
additional information: www.profitunity.com
Interactive Data, a provider of market data solutions to the global commodities and energy industry, announced its latest version of FutureSource for market data management, analytics, and trade execution through a variety of futures commission merchants.
FutureSource 3.6 expands searching so that data is easier to find, and new content sets from various providers enable users to see what is trending in the energy, agriculture, and metals markets. FutureSource 3.6 updates the way users view and analyze market data, including the addition of implied volatility on charts; the ability to import & export expressions & external data; symbol linking; and the addition of a VWAP calculator.
A new and improved suite of Excel add-on tools will better support the ability to download historical data into Excel, enabling users to extract historical data and formulas from FutureSource. A new suite of RTD Excel templates enhances the analytical capabilities within Excel.
additional information: www.futuresource.com
BrooksPriceAction.com offers Brooks Trading Course, a downloadable trading course ($249 with a 30-day, money-back guarantee) by professional trader Al Brooks. The course, consisting of 53 videos with 27 hours of viewing time) is based on techniques that Brooks uses personally for trading the emini, bonds, currencies, gold, crude oil, stocks, and options on five-minute, 60-minute, and daily charts. Brooks has 26 years of trading experience and is the author of several books on price action (Reading Price Charts Bar By Bar: The Technical Analysis Of Price Action For The Serious Trader and the three-book series Trading Price Action) and numerous trading articles, many of which are available at the website, as well as a live trading room.
additional information: https://BrooksPriceAction.com
KeyFutures has released a new app that allows the user to look through the layers or legs of commodity spreads on a mobile device. With its seasonal indicator, the user can plan spread positions. It allows synchronization and backup of a spread’s settings and notes among all the user’s devices through iCloud. The interface gives the user tools for following and choosing spreads for trading. Common technical analysis indicators can be used, and the user can write notes and draw. A ruler tool calculates price & time.
additional information: www.key-futures.com
Gecko Software, developer of Track ’n Trade Live trading platforms, announced the addition of an on-chart, drag-and-drop option-trading capability to its live futures trading platform. Users can now drag options on the screen to the desired strike price. In addition, traders may now trade weekly options directly through the Track ’n Trade platform. The following weekly options are available: currencies, grains, emini S&P, emini NASDAQ, 10-year Treasuries, and 30-year bonds. Gecko Software first developed on-chart drag-and-drop order placement capabilities in 1998, when it released the first version of its Track ’n Trade charting & analytical software and historical trading simulator.
additional information: www.TracknTrade.com
Tradespoon is a new daily stock-recommendation service for retail traders that uses some of the types of tools used by institutional investors, including an algorithmic-based, proprietary, quantitative system. It seeks to put retail traders more on par with institutional and professional traders. Tradespoon, founded by Vlad Karpel, former head of technology at OptionsXpress, provides daily trade picks generated by its proprietary system. The Tradespoon system includes predicting stock movements in specific time periods; monitoring key technical events (for example, earnings, Fibonacci replacements, and cash flow changes); position risk; macroeconomic exposure of the portfolio; and more.
The service includes stock, options, and option spread trading strategies. Tradespoon’s picks take into account both fundamental and technical stock analysis.
additional information: www.Tradespoon.com