Learn the history and structure of this classic trading pattern. Learn when to use this pattern in a trading range, and when when to use in a trend. This pattern forms in all markets and time frames.
- You will learn the history of this pattern, and how to identify the structure of the pattern that includes basic Fibonacci ratios.
- Learn warning signs that may signal a shift in the market momentum.
- Learn important variations of this pattern.
The meeting will start promptly at 7 PM. We will be meeting in the Ameriprise conference room, on the first floor of the old Seattle PI building, 101 Elliott Ave. West, Seattle 98119. The cost is $10, which includes refreshments. At that time of evening, there is generally plenty of on-street parking available. Parking is not available in the building's garage.
For now, these meetings are open to anyone with an interest in technical analysis and in our group, especially those who may be interested in being part of the Market Technicians Association. Please help us grow our group by telling friends who may be appropriate.
Please RSVP for the April 25 meeting by replying to this message if you are coming. This is for headcount purposes, to make sure that we have enough refreshments and a meeting room capable of holding the expected crowd.
Participation in all Puget Sound Chapter Meetings qualifies you for 3 MTA Continuing Education (CE) Credits.
About the Chapter Chairs
Tom McClellan, firstname.lastname@example.org
Tom McClellan is the editor of the twice-monthly McClellan Market Report newsletter and its companion Daily Edition. He is a 1982 graduate of the U.S. Military Academy where he studied aerospace engineering, and he served 11 years in the U.S. Army as a helicopter pilot. Tom was raised in a household where study of the stock market was an ongoing pursuit. His parents Sherman and Marian McClellan created the McClellan Oscillator and McClellan Summation Index in 1969, and they were awarded the MTA's Lifetime Achievement Award in 2004. Tom began his own study of the markets while he was still in the Army, and in 1993 he left the Army to join his father in pursuing a new career doing this type of analysis. Tom views the movements of prices in the financial market through the eyes of an engineer, which allows him to focus on what the data really say rather than interpreting events according to the same "conventional wisdom" used by other analysts. Timer Digest ranks Tom as the #1 Gold Timer for the 10-year period ending in December 2009. He is their #6 stock market timer and #3 bond timer as of May 31, 2010. Tom lives in Lakewood, WA, and is one of the co-honchos of the Puget Sound MTA Chapter.
Brant Greene, CMT, email@example.com
Brant Greene is a Certified Finanical Planner and has a bachelor's of science degree in electrical engineering and a masters in business adminstration. Brant is on the leadership team of the Puget Sound Chapter of the Market Technician's Association (MTA).