Charles Browne is a full time private trader and is the immediate past ATAA National President and Life Member. He has been an ardent student of price action for over 15 years and has traded the markets since 1972, full time since 2004. Charles has lectured in technical analysis since 1996, and has given numerous presentations in cities across Australia. He has traded a variety of financial instruments including index futures, currencies and equities.
In this presentation you will learn how to effectively read price charts without any indicators. Charles will discuss a range of techniques that enable you to understand and take advantage of underlying market sentiment. Learn how to: identify panic, greed and indecision; know in advance that a sideways range is about begin; recognise the market sometimes shows weakness immediately before strength, identify in advance the likely direction of the breakout from a pattern; and identify in advance whether or not a breakout is likely to fail.
This presentation will explore and challenge the popular belief that traders and investors need rules because they ?lack discipline?. There are in fact other important reasons why rules are necessary, but are these are not related to discipline. The latest neuroscience research will be presented to debunk the popular belief that traders need rules to control their emotions. Charles will also demonstrate how the concept of a ?trading rule? is widely misunderstood, and how this contributes to difficulty in developing and folloing a trading plan. This will enable you to better understand why so many traders fail, and how you can improve your potential as a successful trader.