Nagel, Darryl

Darryl Nagel started his trading career in 1986, trading share options on the Australian market. He was then a devotee of the Elliott wave theory. Over the past 10 years he has been a seminar presenter, workshop facilitator and coach of share options, shares, CFDs, forex, ETFs, futures and forex. Darryl has a special interest in the psychology of trading, presenting his ideas at seminars, creating his own workshops and writing articles. He presented a paper to the ATAA Sydney in 1996 which was published in the July 1996 Newsletter. He was admitted as a lawyer of the Supreme Court of NSW in 1970.  He worked in private practice for six years followed by a period of 30 years as a corporate lawyer with the Commonwealth Bank of Australia. Since 2006 Darryl has focussed on the law governing self managed superannuation funds. He has an RG146 in superannuation and in self managed super funds, and is an authorised representative under an Australian financial services licence. He sees his career now as an educator. Darryl does not give advice directly to the public. He liaises with SMSF specialists in providing high level strategies. Darryl continues to be a guest panellist as a technical analyst on “Your Money Your Call” on the Sky Business channel.

Darryl will cover the following aspects of this topic:

  • All instruments will be covered including ASX shares, forex, commodities and bitcoin.
  • Entry rules
  • Risk management. This is an important aspect.
  • Exit rules
  • Scanning for new opportunities
  • Backtesting this approach.

You will have an opportunity to provide an analysis of your favourite instruments.      

A review of the Golden Cross and Death Cross.

Overview of Fibonacci.

This presentation demonstrates the application of two technical analysis indicators of the MACD and the Parabolic Stop and Reverse to Bitcoin charts.

In this session, we will discover:

  1. Who created the PSAR?
  2. How the PSAR is calculated?
  3. The benefits of using the PSAR in your analysis whether for shares, forex or other securities.  
  4. Setting your stop loss using the PSAR
  5. Using the PSAR for your trailing stops.

In this session, we have a member who uses the ATR to demonstrate their use of the ATR in their analysis.We will discover:

  1. Who created the ATR?
  2. How the ATR is calculated?
  3. The benefits of using the ATR in your analysis whether for shares, forex or other instruments.  
  4. Three different ways you can use the ATR for creating objective rules and a strategy for yourself
  5. How to read this indicator correctly with forex.
  6. Setting your stop loss using the ATR
  7. Using the ATR for your trailing stops.
  8. Setting your profit target using the ATR. 

This presentation may appeal to not only MetaStock subscribers but also those members who have AmiBroker, BullCharts and TradeSim.

In fact all members will gain insight into the concept of repeating ranges, a concept taught by WD Gann and many others.

We will examine within the MetaStock System Test, 3 different formulas, reflecting the original formulas, the revised formulas to achieve a risk/reward of 1/3 and the formulas to identify a trend.

System test results will be chosen for ASX stocks, Forex and Indices.

We will provide the formulas used in this presentation in the ATAA MetaStock User Group SIG Forum.

Darryl Nagel's presentation to the Go Markets - Global Trading POWER Web-conference.

MetaStock Formula Writing 101 

The agenda for the initial meeting will follow the following guidelines:

  • Discussion of Jeff Gibby webinar MetaStock Formula Writing 101 (Note: see link below for the video to watch before watching the meeting recording)
  • Review of:
    • Creating basic formulas
    • Prefilter Explorations
    • Using Variables
    • Practical Work Flows for MetaStock
  • General discussion
  • Your turn
  • If time permits, a presentation of a new addition to MetaStock 17 - QuoteCentre

 The agenda for the initial meeting will follow the following guidelines:

  • Introduction and welcome
  • How I use MetaStock for trading
  • Addressing members requests for assistance with coding
  • Links to resources
  • Suggestions

 

The relationship between Fibonacci, WD Gann, Elliott Wave, Heikin Ashi candles, Ichimoku and how to trade this relationship. 

In this presentation we will examine not only the theory but also the application of the theory. The technical analysis approaches that we will examine were devised at a time when there were no computers. The authors of each approach did not liaise with each other and yet they came to the same very powerful technical analysis concept of which we as traders can take advantage.

Prior to this presentation send Darryl any trades that you would like him to discuss if time permits. Note Darryl’s email address is 

Darryl Nagel will examine the markets demonstrating a trading plan using Ichimoku. This plan has a relatively high probability of success, subject to your individual trading approach.

He will use charts with live data provided by FINLOGIX, which is a free platform. Prior to the presentation you may go to www.finlogix.com to familiarise yourself with the charts prior to Darryl’s presentation. FINLOGIX has some excellent tools which make ICHIMOKU much easier to understand and to trade.

Darryl will examine the charts using an Ichimoku trading plan for the following markets and more:

  • Major FOREX pairs
  • Gold
  • Silver
  • Dow Jones
  • S&P 500
  • ASX 200

Trading Bitcoin futures using MACD divergence and Parabolic SAR

Are traders gambling? Is this why the majority of traders fail? What does the successful trader do differently? This presentation addresses these important issues.

Melbourne SMSF Seminar

Bitcoin will be the focus of this presentation but the analysis of trading Bitcoin applies to other cryptocurrencies. The Blockchain phenomenon will be discussed in the context of cryptocurrencies. Additionally, the twin worlds of Bitcoin will be discussed looking at the advantages and disadvantages of trading within each of these worlds. Darryl will show how he intends to trade Bitcoin using two technical analysis techniques that he likes to use with his own trading.

 The webinar video of the SIG meeting can be viewed by ATAA members.

The webinar video of the SIG meeting can be viewed by ATAA members.

The webinar video of the SIG meeting can be viewed by ATAA members.

This meeting discussed:

  • The creation of a written trading plan
  • Identification of risk
  • Entry approaches
  • Stop loss
  • Profit points
  • Trailing stops

The webinar video of the SIG meeting can be viewed by ATAA members.

 

The webinar video of the SIG meeting can be viewed by ATAA members.