| ATAA Blast! Newsletter #170 – July 2024
| Dear ~~first_name~~
Welcome to this edition of the ATAA Blast! Newsletter. And my apologies for not being able to publish this early in the month as normal. Over the last couple of weeks I have had a few challenges, including preparing two special surveys requesting urgent feedback about the ATAA before we have our face-to-face board meeting this coming Sunday 21 July. Hopefully you have received the special email inviting you to complete the survey, and we are hoping you will be able to complete it before this weekend so that we can analyse the feedback and results in time for Sunday's deliberations. There is more about this below, or you can respond now to the new General member survey here.
We are very keen to tell everyone about the latest news from all corners of the ATAA, so contributions are very welcome from any ATAA member - especially from the Chapters, and the SIGs, and the network groups. And I normally aim to publish the Blast! News in the first week of the month.
In this edition of the ATAA Blast! newsletter you will see (with links for an easy and speedy go-to to the relevant section below):
- ATAA National President's Update for July.
- ATAA Website Resource Library updates - With lots of information about the immensely useful and growing Resource Library, including the now hundreds of video session recordings from the SIGs and network groups.
- Online Discussion Forums - This resource is now growing in popularity in the ATAA website (for ATAA members only - login is required).
- ATAA National Board Update - The latest news from the national board of directors, including: "First time visitors free", and from the Marketing Working Group: your email signature block, and ATAA logos to download.
- List of all of the ATAA Chapters, SIGs and Network Groups - more opportunities for the ATAA members.
- The ATAA Conference update - update for the upcoming ATAA Conference(s): an online event later this year, and a regular ATAA in-person conference late in 2025.
- Updates from the ATAA Chapters and SIGs: Canberra, Melbourne, Sydney, and SIGs (or at least from those that have submitted content).
- IFTA Update: Latest information from IFTA.
- TECHNICAL ANALYSIS article - An article about ETFs in Australia.
- Detailed benefits for ATAA members.
Included toward the bottom of this month's Blast! News is a summary "All about ETFs in Australia today". Also the ATAA Member Benefits section at the very bottom.
As the national Marketing Director, I am including key marketing phrases in this Blast!, including the ATAA Tag line in blue below, and the ATAA Elevator Pitch also in blue at the bottom of this email. Feel free to use these in your own correspondence to help encourage new members, and of course to remind existing members of why they are ATAA members.
I do hope you find this Blast! newsletter useful and interesting reading; but do feel free to tell us what you really think, and how we can improve it.
ps: Apologies for any odd formatting that you might find - font size or line spacing etc - but these seem to be oddities in our CE email editor.
Robert B Brain
Blast! Newsletter Editor
ATAA Marketing Director
(and ATAA Life Member)
| The ATAA is the knowledge network
for successfully using technical analysis
in financial market trading and investing
|
National President's Update – July 2024
I visited the Canberra Chapter in June and took part in their monthly Chapter meeting. This was my fourth Chapter meeting in the past few months (apart from my regular monthly local ones in Melbourne), so I have now interacted with and received feedback from a good proportion of members attending Chapter meetings. The Canberra meeting had formal presentations (including my own), followed by an informal dinner amongst the participants. Like the other Chapter meetings I attended recently, the intention was to discuss the current state of the ATAA and seek members’ views on ways to improve our organisation.
The Marketing Working Group has been developing marketing plans to attract new members, and the results of its work will become evident in the near future.
The planning for the in-person full-day strategy board meeting on Sunday the 21st of July is now well advanced. Our intention is to develop an implementable plan that can lead to a greater number of new member registrations, as well as decreasing the proportion of memberships that are expiring. The wealth of suggestions received from members in the past few months will be discussed, as well as exploring other new ideas to help us move forward. It is now obvious that we need to try something different from what was done in the past, to increase our membership and attract members from other demographics that had not been specifically targeted so far. Please keep any suggestions coming.
Jim Haralambidis
ATAA National President
national-president@ataa.asn.au
| ATAA Website - Resource Library Updates - recordings from June 2024
In case you've missed the materials recently added to the resource library, here's a brief list of those added in June:
- 13 June - Melbourne Chapter hybrid meeting - Richard Lie Foundation of Money Management, and Alan Clement Global Markets Quarterly Technical Outlook.
- 17 June - Sydney Chapter online meeting - Mary McNamara A deep dive into the Markets, and also Gary Glover How to Achieve Triple Digit Gains.
All of these items can be found from the ATAA website menu: Resources > Presentations by Date. Make sure to browse the earlier recordings in the Resource Library, because you might never know what you've been missing. | | SIG and Network presentations in the Document Library - There is a growing collection of session recordings and other materials in a section of the ATAA website Resource Library. The latest one (from the Forex Network) can be found by following the menu (as shown in the screenshot below): Resources > Resource Library Folders, then expand the tree hierarchy under the Document Library heading: Member Resource Library > Presentations by Group. | | Presentations by Group - Session recordings for these ATAA groups can be found on the website:
- Bigalow Network
- Forex Network
- FX SIG
- Holy Grail Trader SIG
- MetaStock User Group SIG
- MEL Quant Traders SIG
- Technical Analysis Chat SIG.
| | | ATAA Online Discussion Forums - Check out the growing list of online discussion forums on the ATAA website, on a range of T.A. and trading topics. The link to access the forum (in the website menu) is enabled after you login to the ATAA website. The most active forums currently include: Bigalow Network, and the MEL Quant Trader SIG.
Robert Brain
(Marketing Director) | |
ATAA National Board updates
| | |
Meeting Visitors - First Time Free
At a recent national board meeting the ATAA board agreed that all first-time visitors to Chapter meetings be permitted to attend for free. Non-members are always welcome to attend ATAA meetings, and pay the $40 Visitor Fee. This is normally done online in advance when you register to attend the meeting. However, if you have not attended an ATAA meeting in the past, you are welcome to attend your first meeting for free - and preferably register on the ATAA website so that we will be expecting you as a special first-time visitor.
| ATAA Marketing Working Group Update - we urgently need your feedback
| The ATAA board members are very busy preparing for the 1-day face-to-face board meeting this coming Sunday (21 July), where we will focus on two key questions:
- What else do we need to do to retain members, and encourage them to renew their membership when it falls due?
- What do we need to do to attract more new members into the ATAA?
Then we will be preparing a marketing strategy aimed it retaining members, and also at recruiting new members. If you have some thoughts along these lines, we will welcome your input into the discussions asap.
| We need your opinions urgently - To help prepare for the face-to-face board meeting this Sunday 21 July, we have prepared two separate surveys, and we urgently need your input for one of them - because your opinions and feedback are very important.
A Special Member Survey, has been prepared and is now ready for people to complete. This includes current ATAA members, plus everyone else who receives our communications - meeting visitors, past conference attendees, etc. Please respond to the General member survey here. And it will be fantastic if you couid do this before this coming weekend so we have time to analyse and interpret the results.
The second survey is a special Exit Survey, where we ask the non-renewing members to help us understand their reason for not renewing their ATAA membership. Maybe it is something that we have done, or not done. Maybe it was a time constraint, or a misunderstanding about what technical analysis is all about. The Exit Survey can be completed here..
Robert B Brain
ATAA Marketing Director
| | The official ATAA email signature block. This jpeg file (shown herewith) is available for ATAA members to download from the "Resources Library", and then include in your own email signature block at the bottom of your emails. To find this file and download it, login to the ATAA website and use the menu option: Resources > Resource Library Folders > Association Documents > Marketing. | | | |
ATAA Conferences
Working Group
| | | ATAA 2024 (Multi-Speaker) Online Conference
The Conference Working Group has commenced organisation of the ATAA 2024 Online Conference. The one-day event will be on Saturday 19th October and will run from 10am until 6pm. The theme of the conference will be Unlock Your Profit Potential: Strategy, Mindset, and Risk Management.
We have lined up 6 amazing speakers, including 3 high-profile overseas presenters, covering a range of engaging material that will help turbo-charge your trading performance.
Save the date of 19th October, and keep an eye on your inbox and the ATAA website for further details on how to register – coming soon! There will be a deep discount on the ticket price for current ATAA members.
Thank you from your Conference Working Group.
Alan Clement
ATAA (Conference) Director
| CHAPTER and Special Interest Group (SIG) news and updates
| ATAA Chapters, SIGs and Network groups
For the benefit of ATAA members everywhere, the ATAA has a number of: Chapters, and Special Interest Groups, and Network Groups. Current financial members are free and welcome to participate in any of these. We are hopeful that all of these groups will submit some information for publication in the Blast! News from time to time, to help everyone understand more about the opportunities and benefits for ATAA members.
For the latest meeting information, check the ATAA website for details, and also scroll down the website home page to see the latest announcements, presentations and updates to the resource library.
| | ATAA Chapters (alpha order) meeting monthly
- Adelaide
- Brisbane
- Canberra
- Melbourne
- Newcastle
- Perth
- Sydney
| | SIGs and Networks (and contact names)
- Melbourne Quant SIG (Jim Haralambidis)
- RealTest Coders (online) Workshop (Chris Meakin, Robert Grigg)
- Bigalow Network (Romy Baker)
- Forex Network - FN (Romy Baker)
- MetaStock Users SIG (Jerry Bongard)
- FX SIG (Mike Smith)
- TA Practice SIG
See the ATAA website for latest information.
| | | Bigalow Network and
ATAA Forex Network (FN)
| The Bigalow network - Met on 5 July and we welcomed 2 new members. Greg Robotham announced the formation of the new Bigalow offering by Jeff Gibby of Metastock which is excellent for keeping Steve Bigalow’s methodologies current. It is well worth joining if you use Steve’s methodologies. The Traders Forum link is: TheTradersForum.net
The recordings of the meeting can be found in resource library.
The Forex network - Met on 12 June and was well attended. Rod Sands gave a great presentation which we were loath to leave. The meeting was well attended, and we are very appreciative of the work and effort that Rod put into providing us with a very informative meeting.
The recording of the meeting can be found in the resource library.
You are welcome to join us - If anyone would like to join the Bigalow or Forex Network meetings, please email the undersigned, Romy Baker. We would love to hear from you if you are interested so, please send us an email, or phone us.
Looking forward to hearing from you.
Romy Baker
ATAA Sydney Chapter
0414 554 967 |
The Canberra Chapter enjoyed the presentation by National President Jim Haralambidis at the June Meeting. Jim spoke on ‘Selling fast and Buying slow: What does the evidence tell us about the best rules for buying and selling’. A recording of the presentation will be available in the library soon.
Jim also joined local members for dinner and discussion about current directions and future plans of the National Committee.
Our July 16 meeting features a hybrid meeting format with Graham O’Brien, Head of Equity Markets and Equity Derivatives speaking online on some advanced options strategies, equity and ETF dividend strategies and providing a general Q&A on general ASX functioning. Locals can join us at the well heated Eastlake FC at 6.00pm while Interstate members are welcome to join us at 6.45pm. Graham’s excellent presentation last year was well received.
Canberra members wanting to attend this year’s ATAA Online conference on Saturday, October 19, at a venue with other members, including lunch are reminded to register their interest with Mark in the coming weeks so that a venue can be booked.
Good health and good COVID-free trading,
Mark Gleeson
ATAA Canberra Chapter President
[The Canberra Chapter generally meets on the third Tuesday each month.]
| In 2024 the Melbourne Chapter has been running the in-person hybrid meetings all year, with the invaluable networking from 5pm to 6pm, then the broadcast session 6-8pm, followed by further networking and guest speaker mingling over dinner after 8pm. The broadcast segment is usually recorded and uploaded to the ATAA website at some stage. So if you missed the session, you can view the video recording; but you would have missed out on the great networking opportunities and the exchange of trading tips and knowledge that only happens in the room.
The Melbourne Chapter always meets in-person on the second Thursday of each month, with networking before the 6pm session broadcast. All ATAA members who attend are given a "Door Prize" raffle ticket, with the winning tickets drawn during the mid-session break (when we change-over the speakers). You see, we have a truck-load of pre-loved trading and technical analysis books to give away at our meetings, and these are used as the Door Prizes in the Member give-away. And some of these books are absolute gems - for free!
Don’t forget that public transport (tram) runs past the hotel front door, and there is ample car parking around the corner.
Robert Brain
ATAA Melb Chapter President and interim Secretary
(for the Council team: Paul Ash, Jim Haralambidis, Keith Mundy, Tony Hambling, Tony Leonard, Robert Grigg).
[The Melbourne Chapter generally meets in person on the second Thursday each month, with networking before and after the broadcast segment which is 6-8pm.] | Our June online meeting was exceptionally well attended. Mary McNamarra gave her usual analysis of the market, which is always insightful and very helpful as she identifies the movement of the various markets now and discusses the movement over the previous months and years.
Gary Glover gave an excellent presentation in which he explained how the world’s best traders achieved triple digit gains. Gary has an impressive bio as a senior investment advisor with Novus Capital and with 24 years’ experience in financial markets his approach comes from a well-considered perspective. His presentation was well attended by over 50 ATAA members.
Sydney Chapter Council
[The Sydney Chapter currently meets online only, and generally meets on the third Monday of each month]
| Don't forget, we have a total of seven chapters around Australia, including: Brisbane, Perth and Newcastle as well as several Special Interest Groups (SIGs) in which members can participate. You can see a list of the seven chapters and their office-bearers on the website - use the menu option: ATAA Overview > Current Office-Bearers > Chapter Councillors > Subcommittees. See the ATAA website for latest meeting and event details.
- Adelaide Chapter generally meets in-person on the third Wednesday of the month.
- Perth Chapter generally meets on the third Thursday of the month.
- Brisbane Chapter generally meets... second Saturday of the month? TBC
- Newcastle Chapter generally meets ... Saturday in the month? TBA
- MetaStock Users SIG - Contact Jerry Bongard, jerry.bongard@ataa.asn.au
- RealTest Coders Workshop (sub-group of the Quant SIG) - Meets online, generally on the second Monday of each month at 8:00 pm. EST (to give members in western states a better chance of attending). SIG Coordinators: Chris Meakin and Robert Grigg.
| About IFTA (International Federation of Technical Analysis) is the umbrella organisation for Technical Analyst societies around the world.
IFTA webinars: See the latest information about up-coming and past webinars on the IFTA website here.
IFTA Conference - Save The Date - 2024 IFTA Annual Conference in Hainan. 4-6 October 2024. More information soon.
| The IFTA Update is a quarterly newsletter that is available to members of the ATAA. The latest issue is now available and contains the following articles:
- President's Report to Colleagues
- Member News
- IFTA 2024 Conference - Hainan, China
- Congratulations New CFTes!
- Where Macro & Behavioural Technical Analysis Meet
- Calendar-at-a-Glance
- Benefits of Membership
- Memoriam
- Call for Board Nominations
- and more
The next submission deadline for the September issue is as follows:
All content: 15 August submissions to admin@ifta.org
| IFTA and ATAA members - ATAA members are automatically affiliate members of the International Federation of Technical Analysts. ATAA membership gives you access to IFTA resources including: certification programs, educational events and networking opportunities, including participation in the IFTA Conferences. The information below is the latest update from IFTA.
IFTA has announced that the 2024 IFTA Annual Conference will be in Hainan, China, 4-6 October 2024, with the IFTA AGM and Board Meeting one day earlier - 3 October. For more details see the IFTA website.
IFTA Journal 24 (a professional journal published by IFTA) - We are pleased to announce that the 2024 IFTA Journal is now available for viewing and download from the IFTA website. (Note that it is a 79 pages PDF, and 16MB in size).
IFTA Update (quarterly newsletter) - The IFTA Update is a quarterly newsletter that is available to members of the ATAA.
| Join the ATAA to improve your understanding of how to
invest or trade successfully in the financial markets
focusing on the correct use and application of Technical Analysis
| Your stock universe - All about ETFs in Australia today
| At the time of writing there are about 370 ETFs (Exchange Traded Funds) available for you to buy/sell on the Australian Securities Exchange (ASX) share market, offered by a number of ETF providers. However, when you study some of these ETFs you will find that many are not very liquid. This might not be an issue for some investors, but it is an issue for many investors and traders.
So, how do we find out which ones are tradeable / investable? Which ones are safe to play with? What sort of thematics do they follow? Who are the major ETF providers in Australia? Where can we go for more information?
Many ATAA members and guests will be aware that last week (Thursday 11 July) I delivered a presentation on this topic to the Melbourne Chapter Hybrid meeting in South Yarra. This session was recorded, and both the video recording and the powerpoint slides will soon be available on the ATAA website in the Resource Library.
| Major ETF providers - Most of the current major ETF providers are listed here (as at February 2024):
ETF providers with only a few ETFs include the following:
| Comparing ETFs
There are several websites that can be used to compare ETFs, but the comparison process might not be that simplistic:
• Market Index and How to compare and Select ETFs.
• InvestSmart.
• StockSpot.
• MorningStar.
• Canstar.
| For more information on this topic, refer to the Melbourne June Hybrid meeting video recording and powerpoint slides which should be in the ATAA Resource Library very soon. And Brainy's Share Market Toolbox subscribers can read more in the eBook PDF Article ST-6275.
Author: Robert B Brain
(c) Copyright, Brainy, July 2024 | ATAA Member Perks and Benefits
| If you're not an ATAA member, and you are considering joining, you might be interested to know there are many good reasons to sign-up, including:
- Invaluable education opportunities (with discounts for members);
- Huge and extensive Resource Library (access for members);
- Networking opportunities - meet with like-minded peers for trading and investing discussions;
- Special Interest Groups (SIGs) (only for members) - there are several;
- News and information;
- Online Forums;
- Annual ATAA Conference (discounted for members).
| I do hope you have found this edition of the Blast! Monthly News interesting and useful. it took me longer than expected to compile this edition, but then there is a lot more news and information than normal. If not, or if you have any feedback, please feel free to email me directly.
Robert B. Brain
Blast! Newsletter Editor
| |