Thursday 15 December 2016 5:45pm for 6:15pm
6:15pm: Welcome and Announcements
6:20pm: Rauno Tolonen - Chart Reading Workshop
For Rauno, Technical Analysis is about seeing and sensing what is happening with regard to price movements, and trading is acting appropriately within that flow of observed conditions. Trading is, in a sense, purely reactionary. Your choice of actions; buy, sell, hold or abstain, are quite simple and in a sense, limited. A large part of the complexity arises because of the complexity of the conditions the trader faces. To be able to react to, or react within complex conditions you must first “see” what is going on. For traders employing technical methods, chart reading is the “seeing”. Technical traders generally need to see trends, trading ranges, volatility levels, traded volumes and, importantly, changes in the conditions of these characteristics. Rauno will present some “quick and dirty” chart reading building blocks, (methods and structures) that will help traders get a sense of what is happening with regards to these characteristics.
Rauno Tolonen has been a member of the ATAA since 2007 and a full-time trader/investor since 2005. He has a Bachelor of Commerce (Accounting and Business Law) and a Postgraduate Diploma in Business Law, both from Curtin University in Western Australia. Rauno has worked in commercial accounting, private practice accounting and commercial management environments and family businesses. However, it is studying the markets and trading that has captured his work-life imagination. He has traded Australian equities and Australian exchange traded options and is currently focussed on long-only Australian equities trades and investments using predominantly technical, price action and chart-reading methods.
8.00 for 8.15 pm - After Meeting Dinner
Tiamo Restaurant (200m walk up Hampden Road).
Derek Locke: 0447 744 493
Julian Burridge: 08 9284 2092
Next meeting: 19th January
Next speaker: Gary Stone
Future meetings: Usually the 3rd Thursday of each month
- Thu, 15 Dec 2016 12:00 AM
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