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Matt Blackman, CMT

Matt Blackman, CMT

Matt Blackman is a technical trader, author, reviewer, keynote speaker and regular contributor to a number of trading publications including Stocks & Commodities, Active Trader, Trader Monthly, SFO mag and Traders Mag Europe as well as investment/trading websites in North America and Europe. He writes a weekly and monthly market letter. Matt is a Market Technicians Association (MTA) affiliate, a Canadian Society of Technical Analysts member and is enrolled in the Chartered Market Technicians (CMT) program. He is also a Market Analyst for www.TradingEducation.com He can be reached at matt@tradesystemguru.com

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LETTER FROM THE EDITOR

This issue starts with an update on the CMT Program. The recent addition of Bob Johnson to the Program is a step toward making a great program even better. The rest of the issue is a collection of insights from practitioners in the field. Classic chart patterns still form the core of the discipline, but the patterns are being used in a number of different ways and the articles that follow will show just a small sample of the type of work technicians are doing today. Please let us know what you think about Technically Speaking by sending an email to editor@mta.org. Sincerely, Michael Carr [post_title] => Technically Speaking, April 2012 [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => technically-speaking-april-2012 [to_ping] => [pinged] => [post_modified] => 2020-08-03 11:47:56 [post_modified_gmt] => 2020-08-03 15:47:56 [post_content_filtered] => [post_parent] => 0 [guid] => https://cmtassociation.org/?post_type=technically_speaking&p=46586 [menu_order] => 0 [post_type] => technically_speaking [post_mime_type] => [comment_count] => 0 [meta_id] => 399829 [post_id] => 46586 [meta_key] => newsletter_content_3_contributor [meta_value] => a:1:{i:0;s:5:"46615";} ) [1] => stdClass Object ( [ID] => 48587 [post_author] => 2 [post_date] => 2007-11-15 12:00:01 [post_date_gmt] => 2007-11-15 17:00:01 [post_content] =>

From the Nominating Committee

Dear Members, Honorary Members and Emeritus Members, Every year, the Nominations Committee chooses the slate for the Board of Directors that everyone eventually votes on at our MTA Annual Meeting (next Annual meeting in May-June, 2008). While thanking previously members who have served, the Committee is now totally open and I therefore need to hear from Members, Honorary Members and Emeritus Members who would like to serve on this important committee. It is not too cumbersome a job but it is a key one since you will chose potential Board members that ultimately drive and lead the MTA in the future. For a more detailed explanation of the MTA Nominating Committee and its processes, please refer to the MTA By-Laws, Section BL 7.02 E. (Can be found in the “Mission” Section of our web-site). I encourage all Members to apply, especially those Members outside the USA. I would really like to see this Committee reflect the diversity of the MTA membership. Would all those interested please drop me an email with a very brief explanation of why you would like to serve and just a little about your background. Please contact me at nominations@mta.org Thank you, Jordan Kotick, CMT Nominating Committee Chair & Board Member [post_title] => Technically Speaking, November 2007 [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => technically-speaking-november-2007 [to_ping] => [pinged] => [post_modified] => 2020-03-25 17:44:46 [post_modified_gmt] => 2020-03-25 21:44:46 [post_content_filtered] => [post_parent] => 0 [guid] => https://cmtassociation.org/?post_type=technically_speaking&p=48587 [menu_order] => 0 [post_type] => technically_speaking [post_mime_type] => [comment_count] => 0 [meta_id] => 441548 [post_id] => 48587 [meta_key] => newsletter_content_3_contributor [meta_value] => a:2:{i:0;s:5:"46615";i:1;s:4:"7251";} ) [2] => stdClass Object ( [ID] => 52003 [post_author] => 2 [post_date] => 2006-08-15 12:00:39 [post_date_gmt] => 2006-08-15 16:00:39 [post_content] =>

From the Editor’s Desk

As we prepare for the MTA’s Long-Range Planning Meeting to be held in September, we face a very fundamental question here at Technically Speaking – “What is our purpose?” This newsletter can serve many purposes: In the past, we have attempted to do all these things, and in this issue we include information from each of these categories. But we have never learned what you, our readers, are actually expecting from us. Over the next month, please take a moment and send us your comments about what you think our purpose should be. You can e-mail me at editor@mta.org. While thinking about that question, we hope you’ll enjoy the newsletter. On the cover, you noticed an interview with Welles Wilder, previously published in The Trader’s Journal. We have all seen Wilder’s work, and this interview offered us a chance to learn more about the technician behind RSI and other indicators. To me, the most interesting part of the interview is when he attributes his success to his ability to write advertising copy. What an interesting insight – no one knows how good you are until you tell them about your work. We also have a software review, prepared by Matt Blackman, a frequent contributor to our newsletter who recently moved from affiliate to member status. Writing for us helped Matt to become better known within the MTA, and made it easier for him to find sponsors. (That last sentence is my subtle monthly request for your contributions.) You’ll also find an original study on seasonality by Frank Testa in this issue. Along with the list of Regions contacts and assorted news about our Association, it’s a typical newsletter. However, you have many choices of where to publish your work, and where to read about technical analysis. Maybe Technically Speaking no longer meets the needs of our members. Perhaps you’d rather a slimmer newsletter with only MTA news, or a longer newsletter with more current analysis. Unless you tell us what you’d like to see, we’ll continue delivering what we hope is a high-quality, must-read product every month. Sincerely, Mike Carr, CMT Editor [post_title] => Technically Speaking, August, 2006 [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => technically-speaking-august-2006 [to_ping] => [pinged] => [post_modified] => 2020-08-04 17:08:20 [post_modified_gmt] => 2020-08-04 21:08:20 [post_content_filtered] => [post_parent] => 0 [guid] => https://cmtassociation.org/?post_type=technically_speaking&p=52003 [menu_order] => 0 [post_type] => technically_speaking [post_mime_type] => [comment_count] => 0 [meta_id] => 533473 [post_id] => 52003 [meta_key] => newsletter_content_3_contributor [meta_value] => a:1:{i:0;s:5:"46615";} ) [3] => stdClass Object ( [ID] => 52144 [post_author] => 2 [post_date] => 2005-12-15 12:00:02 [post_date_gmt] => 2005-12-15 17:00:02 [post_content] =>

From the Editor’s Desk

Happy Holidays to all our Technically Speaking readers. Since this is the season for giving and also for giving thanks, I’m going to use a little of this space to request the former and do the latter. First of all, many thanks to people like Ashton Dorkins, Garry Rissman and Matt Blackman, who have been a huge asset for the Newsletter since I have been Editor. They have been providing content almost every month. Also, thanks to people like Jeannette Young in New York City and Ross Leinweber in Chicago, we are now starting to get some newsletter participation from the MTA’s regional chapters. That’s the good news. However, there are 16 more Chapters out there that we have not heard from yet, so we clearly can do much better. So, to those involved with a regional group, please drop me a line at editor@mta.org and let me know that you are willing to give a gift to your fellow MTA colleagues by covering your Chapter’s next meeting. For those of you that are relatively new to the business and/or the Association, Technically Speaking is a great way to get your name and face in front of the rest of the membership as we will include your picture and bio in every submission to TS that gets published. I also encourage anyone who has an interesting analytical technique they would like to share, or who has read a great book on technical analysis and would like to share their views on it with the rest of us, please consider writing an article for TS. This is your Newsletter – we would like to fill it with content from as many of you as possible. Now, on to this month’s issue. On the cover, Michael Covel discusses some simple but important techniques for equalizing risk between investments to adjust for differences in volatility and leverage. Inside, MTA affiliate and CMT candidate Matt Blackman reviews a new investment software product that integrates several different approaches into one package. In addition, money manager Rob Hanna uses back-testing to come to some interesting conclusions regarding the effectiveness of the 200-day moving average as a investment tool. Finally, Executive Director John Kirby reports on the MTA’s two most recent accomplishments, the launching of our new technology platform and the debut of the new and improved MTA website. Hope you enjoy the issue. I also hope you will consider contributing to future issues of TS. John Kosar, CMT Editor [post_title] => Technically Speaking, December, 2005 [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => technically-speaking-december-2005 [to_ping] => [pinged] => [post_modified] => 2020-08-06 10:58:10 [post_modified_gmt] => 2020-08-06 14:58:10 [post_content_filtered] => [post_parent] => 0 [guid] => https://cmtassociation.org/?post_type=technically_speaking&p=52144 [menu_order] => 0 [post_type] => technically_speaking [post_mime_type] => [comment_count] => 0 [meta_id] => 537511 [post_id] => 52144 [meta_key] => newsletter_content_4_contributor [meta_value] => a:1:{i:0;s:5:"46615";} ) [4] => stdClass Object ( [ID] => 52305 [post_author] => 2 [post_date] => 2005-09-15 12:00:24 [post_date_gmt] => 2005-09-15 16:00:24 [post_content] =>

From the Editor’s Desk

Although September is seasonally a weak month for the stock market, it looks like a pretty strong one for the MTA and Technically Speaking. On the cover, long-time MTA Member and cycles expert Peter Eliades pays tribute to James M. Hurst, who passed away on August 18th at the age of 81. Mr. Hurst is one of the founding fathers of technical analysis. His classic book, “The Profit Magic of Stock Transaction Timing”, was the reason Peter chose technical analysis as his life’s work. Inside, there are some terrific educational articles by Dave Landry on swing trading (Part 2 in a 3-Part series), by Larry Connors on up days in a row versus down days in a row in the stock market, and on inflation-adjusted stock market trends by Dr. Brett Steenbarger. In addition, our Executive Director John Kirby gives us a progress report in the MTA’s transition to our new technology platform, Net Forum by Avectra. Early this year, fellow MTA Board Member Duke Jones and I were personally involved in the process of evaluating our then-current platform, and deciding whether the Association needed to make a change. Although change is always difficult and this situation was no exception, Duke and I determined that it was imperative for the MTA to move to a platform that could accommodate its recent growth, and handle the additional growth expected in the years ahead. Duke and I believe this platform will be the gift that keeps on giving to the MTA in the years to come, and would like to thank John Kirby and his staff for all their hard work during this transition period. Please take a look at the line-up of speakers and agenda for the 18th Annual IFTA Conference in Vancouver in early November, hosted by the Canadian Society of Technical Analysts (CSTA), and the MTA’s 2005 Mid-Winter Retreat in mid-January in Miami Beach. Two great locations, and two great opportunities to learn from and network with other technicians. Check them out. Finally, Technically Speaking would like to welcome four new Contributing Editors; Matt Blackman, Mohan Turaga, Jeannette Young, CMT and Garry Rissman. We look forward to reading articles and reviews by these MTA Members in future issues. The MTA still needs more Associate Editors. If you are interested in getting involved with Technically Speaking, by writing an article, covering a regional meeting, whatever, please contact me at editor@mta.org. All Contributing Editors will be sent a digital camera with all the accessories so we can include more photos in futures issues. We all know technicians like pictures! Hope everyone enjoys this issue. Respectfully, John Kosar, CMT, Editor [post_title] => Technically Speaking, September, 2005 [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => technically-speaking-september-2005 [to_ping] => [pinged] => [post_modified] => 2020-08-12 13:06:39 [post_modified_gmt] => 2020-08-12 17:06:39 [post_content_filtered] => [post_parent] => 0 [guid] => https://cmtassociation.org/?post_type=technically_speaking&p=52305 [menu_order] => 0 [post_type] => technically_speaking [post_mime_type] => [comment_count] => 0 [meta_id] => 540680 [post_id] => 52305 [meta_key] => newsletter_content_4_contributor [meta_value] => a:1:{i:0;s:5:"46615";} ) [5] => stdClass Object ( [ID] => 52389 [post_author] => 2 [post_date] => 2005-06-15 12:00:40 [post_date_gmt] => 2005-06-15 16:00:40 [post_content] =>

Award Winners

The volunteers of the MTA are the people who make the organization run. With a staff of 6 and a membership of 2500, the MTA could not run without the active participation and frankly the selfless giving of the volunteer time of so many people. From the board to the committees to the grading to the speaking engagements, many are giving and more people are participating in the volunteer effort every day. MTA is fortunate to have so many willing volunteers. Thank you all very much. Your organization appreciates your efforts. Because you give so much and so few thank yous are said, Duke Jones, Chair of the annual Awards Committee championed an effort to expand the recognition process beyond one annual award. That is not to diminish the MTA annual award. John Bollinger was the winner of that prestigious award this year. His contributions to the MTA and the field of technical analysis are long and legendary. John Murphy said it best when presenting the award at the recent annual seminar in New York city. My own thanks to John for pushing the MTA on completing the body of knowledge study. Without his eloquent emails, we might still be debating the process. Thank you John. Brad Herndon received a service award for his efforts on the accreditation committee, the CMT exam process, the body of knowledge study and his service on the finance committee. Thank you, Brad. David Upshaw received a service award for his long term service to the accreditation committee. David has quietly given more of his time and his thoughtful comments to that committee than perhaps any other member. Thank you, David. Tim Snavely received a service award for his efforts on the regions committee. Thanks in large part to Tim’s efforts our chapters have grown tremendously over the last year. His “regional initiative” accepted by the Board at their December 04 meeting has resulted in more speaking engagements supported by the MTA than ever before. Thank you, Tim. Barry Sine received a service award for his efforts on the accreditation committee, the body of knowledge study, providing guidance to CMT candidates and the seminar committee. Everywhere I turned this year Barry seemed to be there willing to lend a hand. He also stepped into an unexpired term as secretary to the Board. Thank you, Barry. If you have the opportunity, please extend your thanks to these outstanding contributors. Thank you. Sincerely, John R. Kirby Executive Director [post_title] => Technically Speaking, June, 2005 [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => technically-speaking-june-2005 [to_ping] => [pinged] => [post_modified] => 2020-08-12 17:02:23 [post_modified_gmt] => 2020-08-12 21:02:23 [post_content_filtered] => [post_parent] => 0 [guid] => https://cmtassociation.org/?post_type=technically_speaking&p=52389 [menu_order] => 0 [post_type] => technically_speaking [post_mime_type] => [comment_count] => 0 [meta_id] => 544252 [post_id] => 52389 [meta_key] => newsletter_content_7_contributor [meta_value] => a:1:{i:0;s:5:"46615";} ) )

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