2023 Volume 30 Issue 3

IN THIS ISSUE
1

President’s Report to Colleagues

2

IFTA 2023 Conference

4

Congratulation 2023 Lifetime Achievement
Awardee: Martin J. Pring

5

TA for Institutional Investors Call for Papers

7

Benefit of IFTA Membership: Complimentary
Webinar and Conference Videos

8

Calendar-at-a-Glance

10 IFTA Board of Directors Nomination Form
11

Congratulations New CFTes!
MFTA and CFTE Exam Dates

14 Society News
16 IFTA Member Societies
16 IFTA Update Schedule
16 Board of Directors
16 IFTA Staff

Next Issue: September 2023
Submission Deadline: 15 August
Education Lounge articles: Send
submissions to newsletter@ifta.org.
All other content: Send submissions toadmin@ifta.org.
Advertise in the UPDATE and reach morethan 7,000+ IFTA colleagues worldwide.
For more information, go to www.ifta.org.

a newsletter for the colleagues of the International Federation of Technical Analysts

President’s Report to Colleagues
Dear Colleagues,
Will the new normal be better than the old? I know, youhave heard this question athousand times before. And
what is normal at all? Let
me discuss a few points to clarify this question.
For years, or even decades, we have seen an
ongoing process of printing money. Central
banks have literally flooded the markets with“cheap” money over the pandemic years, andeverybody was waiting for the inflation in consumer prices. But all that happened was the
inflation in assets. For investors? Not bad at all.

interest rates make money more expensive. But
investing didn´t stop. After a short dip, markets
are rising again—the DAX® is almost hitting its
all-time-high.
Now, with dropping inflation rates, what will
happen next? Will the interest rates go down
as well—making money cheap and ready toinvest again? Will markets rise into new highs
because of this?

The IFTA UPDATE is a publication of theInternational Federation of Technical Analysts, Inc.
www.ifta.org, a not-for-profit professionalorganization incorporated in 1986.
International Federation of Technical Analysts
1300 Piccard Drive, Suite LL 14
Rockville, MD 20850 USA
Email: admin@ifta.org • Phone: +1 (240) 404-6508

IFTA2023

Annual General Meeting
Wednesday, 4 October 2023
(4:00 pm–5:30 pm)

Grand Sahid Hotel
Jakarta, Indonesia
All IFTA colleagues are encouraged
and invited to attend. For further
information, contact IFTA staff.

Will this be the new normal everybody is waiting for? Brighter and better?

That was the well-known normal as we knew it.

Or will recession hit the world because of risinginterest rates, inflation, and uncertainty in theworld economy—not to forget ongoing war andcrisis in some parts of the world?

Today, the inflation has become true not only
for assets but also for consumer prices. Money
printing has stopped for a while, and rising

As we are Technical Analysts, it is part of our
profession to find an answer to this question.
Therefore, I am more than happy to listen to ourrenowned experts and to discuss this question
with you in our upcoming IFTA Conference inJakarta from 5– 7 of October 2023.
Best regards

Wieland Arlt
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&IQNG G^ 2( 'JKTWJ JFHM QZSHM GWJFPIFTAUPDATE 2023 Volume 30 Issue 3

page 23

Congratulations 2023 Lifetime Achievement Awardee: Martin J. Pring
This year’s IFTA Lifetime Achievement Award went to Martin J. Pring

Martin J. Pring is the president of Pring Research andChairman of Pring Turner Capital Group (PTG), a money management and sub-advisory firm, located in Walnut Creek,
CA. He is also the president of Pring.com, the research armof PTG, which provides research to individuals and financial
institutions around the world through the publication of theIntermarket Review, a monthly synopsis of the long-term
technical position of the world’s principal financial markets, now in its 38th year. He is also a regular contributor at
StockCharts.com.
He is the author of over 15 investment books; one of the more well-known classics isTechnical Analysis Explained (TAE), now in its fifth edition. TAE is used by international
technical societies and many universities for training and was required reading for
the CMT certification for several decades. Other books by Pring include Investment
Psychology Explained—cited by Worth Magazine as one of the 15 best investment booksof the last 150 years, The All-Season Investor, and Active Asset Allocation. He has also
written Martin Pring’s Complete Guide to Technical Analysis: An Indian Perspective,
released in 2010 by Shroff Publishing in Mumbai.
Widely acclaimed by his peers, Martin has received the Canadian Society of TechnicalAnalysts Jack Frost Memorial Award, as well as the CMT Association’s coveted Annual
Award. He has also been made an honorary member of the Swiss Association of Market
Technicians and a fellow of the British Technical Society.
His latest endeavor, launching in 2023, is his long-awaited interactive, web-based complete educational training course to be called Pring University, which will offer over 15hours of interactive online video training in the art of technical analysis. Each lesson
will be followed by an interactive quiz to further strengthen the students’ knowledge.
Additional information is available at his website.

About the Award

Prior recipients:

The Lifetime Achievement Award honors the career achievements of a technical analysis practitioner who has madeextraordinary contributions to the fieldof technical analysis. The recipient will
exemplify and promote the mission of
IFTA through education and research.
The honor will be considered for a technician who has demonstrated the highest
standards of personal and professional
conduct and whom his/her peers and theinvestment community at large hold ingreat regard.

2022 Larry R. Williams
2020 J. Welles Wilder, Jr.
2019 Robert R. Prechter, Jr.
2018	Ir. A b dul Wahid B in Jan t an
(posthumously)2017 Sergio Paolino
2015 John A. Bollinger
2014 John J. Murphy
2013 Dr. Henry O. Pruden

IFTAUPDATE 2023 Volume 30 Issue 3

page 24

International Federation of Technical Analysts (IFTA)

Technical Analysis for Institutional Investors CALL FOR PAPERS
Technical Analysis for Institutional Investors is a publication established by the International Federation ofTechnical Analysts (IFTA). It is compiled by a committeeof IFTA colleagues. Technical Analysis for Institutional
Investors is an essential reading for academics, students,
and practitioners of technical analysis in institutional portfolio management and trading. It contains a wealth ofresource material and is an excellent reference for anyone
interested in technical analysis.
Technical Analysis for Institutional Investors is the onlyinternational publication with original contributions fromall continents covering developments in technical analysis
in global markets. The publication reaches leading practitioners and students of technical analysis throughout
the world.
Technical Analysis for Institutional Investors is a major
professional resource. Its archival online publication on
the IFTA website will make your original work available asa future resource to the worldwide community of technical analysts.
IFTA is seeking papers that cover developments impacting, either directly or indirectly, the field of technical analysis focusing on institutional portfolio management andtrading; they may be drawn from such areas as:






Market analysis techniques
Global and intraglobal technical analysis
Styles of technical analysis
Commodities and energy trading
Intermarket analysis

 Stocks/bond screening
 Dynamic Asset allocation
 Strategies (i.e., sector rotations…)

The author is responsible for the accuracy of referencesand quotations. We expect the author to check them thoroughly before submission.

We would especially like to see contributions that draw
from areas not previously examined and/or topics tangential to technical analysis.

Figures, Charts, and Tables

The above list is just a guide and should in no way beconsidered restrictive. We wish to make the publication
open to new and innovative ideas from all areas of technical analysis and those that connect with it.

Submitting Contributions

Registration and submission of contributions is online via
www.ifta.org or by email to the editor at institutionals@
ifta.org.

LanguageContributions must be submitted in English, with British
grammar required.

Writing Style

Papers should be written in a thesis style. Guidance canbe found at the following link: https://ifta.org/public/files/
publication-downloads/MFTA_Thesis_IFTA_Journal_
Guide.pdf.

Referencing

All texts referred to in the paper must be appropriately
referenced in a list of "References" at the end of the text.
Further, all notes are to be included as endnotes ("Notes").
A bibliography is not to be included.

Illustrations and charts must be referred to by figure
number and source. Tables must be referred to by table
number and source.

Length of Contribution

Papers should be approximately 1,200 to 3,000 words,
with supporting graphs and charts.

FormatWe ask for submissions in MS Word or other text format,
as well as a PDF. Charts and graphs may be in .GIF or.JPG, but we ask that authors also keep a .TIF format incase it is required for printing purposes. An Excel spreadsheet supporting your submission may also be included.

Licenses and Copyright

We require all submissions to include the author’s signature on the Publication Agreement at the end of thisdocument.
We may publish online. We require that you place
your submission under the Creative Commons
AttributionNonCommercial 3.0.
Unless another license is noted, we will assume that yourcontribution is under this license.

Continued on page 6

IFTAUPDATE 2023 Volume 30 Issue 3

page 25

Technical Analysis for Institutional Investors continued

Editorial Timeline
April 2023

Call for papers distributed

31 Oct 2023

Deadline for all submissions

31 Oct 2023

Papers distributed for review

31 Dec 2023

Reviewer’s comments returned to editor

15 Jan 2024

Notification of acceptance/rejection

31 Jan 2024

Submission to printerApril 2024

Worldwide distribution

June 2024

Web publication

For more information, see our website
www.ifta.org/publications/journal.

Selection of Contributions

Contributions are selected by the Editorial Committee
based on their content. Please understand that we cannot accept all contributions. Selection depends on thenumber and quality of the submissions and the editor’sfindings. Selections are not negotiable.

Remuneration
IFTA is organised and operated by volunteers and supported by its members. We ask that you understand wewill not be able to pay for contributions.

Questions

For more information, please contact
institutionals@ifta.org.

IFTAUPDATE 2023 Volume 30 Issue 3

page 26

Benefit of IFTA Membership:Complimentary Webinar and Conference Videos
In our continuous efforts to bring the global technical community closer, as well as offer further accessibility to renowned technical analysis experts worldwide, we have launcheda series of IFTA-hosted webinars. These webinars are offered exclusively to all members of IFTA-affiliated societies around the globe. Your local society will forward you thedetails when they become available. If you would like to view past webinars and conference videos, please request access via IFTA’s website.

Recent Past Webinars: 2023
25 May: How Investors Can Take Advantage of Seasonal Trends and Event Studies
Presenter: Dimitri Speck, Founder, Seasonax

11 April: Trend and Volatility Strategies
Presenter: Wim Liever

1 April: Mastering Trading Psychology – Unlock the Secrets to Profitable Trading

19 April: Telling the Truth After 12 Years of Trading
Presenter: Kevin Bull, MSTA, CFTe

23 March: Crypto Markets & the Wyckoff Method: A Top-Down Approach
Presenter: Alessio Rutigliano

17 February: A Chartists View of the Markets in 2022
Presenter: Greg Schnell, CMT, MFTA; Chief Technical Analyst at Osprey Strategic, Calgary, Canada

Presenter: Roland Ullrich

17 January: Southeast Asia Market Outlook 2022: Breakout Recovery

14 February: How to Use ADX and MACD Together

Presenters: IFTA Southeast Asia Societies—Asosiasi Analis Teknikal Indonesia (AATI), Malaysian
Association of Technical Analysts (MATA), Technical Analysts Society Singapore (TASS), andSociety of Technical Analysts Philippines (STAP)

Presenter: Joe Rabil

13 January: 2023 Equity Market Outlook

16 January: Martin Pring: 2022 Outlook, Part 1 and Martin Pring: 2022 Outlook, Part 2

Presenters: Martin Pring & Bruce Fraser

Presenter: Martin Pring—President of Pring Research and Chairman of Pring Turner Capital

Recent Past Webinars: 2022

See website for more videos.

15 December: Wyckoff Workshop Trading Education & Mastery
Presenters: Alessio Rutigliano, Frantz Herr, John “Johniscan” Colucci, William Reardon,
Roman Bogomazov, and Bruce Fraser

1 August: How You Can Benefit from Seasonality in Difficult Markets
Presenter: Dimitri Speck, Founder, Seasonax

18 June: IFTA SE Asia Market Outlook—2nd Semester from Cycle Perspective
Presenters: IFTA Southeast Asia Societies—Asosiasi Analis Teknikal Indonesia (AATI), Malaysian
Association of Technical Analysts (MATA), Technical Analysts Society Singapore (TASS), andSociety of Technical Analysts Philippines (STAP)IFTAUPDATE 2023 Volume 30 Issue 3

page 27

Calendar-at-a-Glance
Month

Topic

Host

Speaker

Location

Time

ContactMonthlyMonthly Meetings are held monthly in nine cities across Australia.
All monthly meetings are free to members. Visitors are welcome toattend. Bookings are not required. Visitors are welcome, first visit
free.

ATAA

VariesVaries, or online

Varieswww.ataa.asn.au

Monthly

Meets monthly on second Tuesday and fourth Thursday

CATA

VariesVia Zoom

8:00 PM Eastern
Time Zone

www.canadianata.ca

Monthly

Presentations from local and international speakers on acomprehensive range of topics (e.g., sharemarket, CFDs, options,futures, FOREX trading, methodologies, money management,
psychology).

STANZ

VariesVaries, or online

Varieswww.stanz.co.nz

MonthlyMonthly Meetings & Events: The STA holds monthly meetings in
London, usually on the second Tuesday of every month, except fora summer break in August.Monthly Meetings & Events: The STA
holds monthly meetings in London, usually on the second Tuesdayof every month, except for a summer break in August.

STA

STA Varies One Moorgate
Place, Chartered
Accountants Hall,
1 Moorgate Place, London

Online or One Moorgate Place,
Chartered Accountants Hall,
1 Moorgate Place, London

Varieswww.technicalanalysts.com/
meetings

Topic

Host

Speaker

Location

Time

Contact

2023
Month

Day

June
July

No events scheduled for June at this time3

STA (UK) Diploma, Part 1 Examination

STA

NA

Zoom

To be announced

www.technicalanalysts.
com/education/
sta-courses/#course1-details

31

Master of Financial Technical Analysis (MFTA) Alternative Path,
Session 2 application deadline

IFTA

NA

NA

NA

admin@ifta.org; www.ifta.org

August15

IFTA Update submission deadline for all news content(mid-September release)

IFTA

NA

NA

NA

admin@ifta.org; www.ifta.org

September

5

STA (UK) Diploma, Part 2 Examination

STA

NA

Zoom

To be announced

www.technicalanalysts.
com/education/
sta-courses/#course2-details

7

Registration deadline for CFTe II on 19 October 2023

IFTA

NA

2

Master of Financial Technical Analysis (MFTA), Alternative Path,
Session 2 application deadline

IFTA

NA

NA

NA

admin@ifta.org; www.ifta.org

4

Annual General Meeting (Held at IFTA’s 36th Annual Conference inJakarta)

IFTA

NA

Zoom/ Jakarta (In-Person)

To be announced

admin@ifta.org; www.ifta.org

5–7

IFTA 36th Annual Conference (Hosted by AATI, Jakarta, Indonesia)

IFTA/AATI

Varies

OctoberContinued on page 8

IFTAUPDATE 2023 Volume 30 Issue 3

page 28

Calendar continued
15

Master of Financial Technical Analysis (MFTA), Session 1 paper
deadline

IFTA

NA

NA

NA

admin@ifta.org; www.ifta.org

19

Certified Financial Technician (CFTe) Level II Examination via Zoom

IFTA

NA

Zoom

To be announced

admin@ifta.org; www.ifta.org

November

15

IFTA Update submission deadline for all news content (midDecember release)

IFTA

NA

NA

NA

admin@ifta.org; www.ifta.org

December

4

STA (UK) Diploma, Part 1 Examination

STA

NA

Zoom

To be announced

www.technicalanalysts.
com/education/
sta-courses/#course1-details

Day

Topic

Host

Speaker

Location

Time

Contact

28

Registration deadline for CFTe II on 11 April 2024

15

IFTA Update submission deadline for all news content (mid-March
release)

IFTA

NA

NA

NA

admin@ifta.org; www.ifta.org

28

Master of Financial Technical Analysis (MFTA), Alternative Path,
Session 1 application deadline

IFTA

NA

NA

NA

admin@ifta.org; www.ifta.org

15

Master of Financial Technical Analysis (MFTA), Session 2 paper
deadline

IFTA

NA

NA

NA

admin@ifta.org; www.ifta.org

20

IFTA Webinar: An Alternative to Candlestick Charts

IFTA

Kevin Bull

NA

2:00 PM US Eastern
Time Zone

admin@ifta.org; www.ifta.org

2024
Month
January
FebruaryMarch

No events scheduled for January at this time

April

11

Certified Financial Technician (CFTe) Level II Examination

IFTA

NA

NA

NA

admin@ifta.org; www.ifta.org

May

1

Certified Financial Technician (CFTe) Level II - registration opens for
October examination through IFTA website.

IFTA

NA

NA

NA

admin@ifta.org; www.ifta.org

2

Master of Financial Technical Analysis (MFTA) Session 1 application,
outline and fees deadline

IFTA

NA

NA

NA

admin@ifta.org; www.ifta.org

15

IFTA Update submission deadline for all news content (mid-June
release)

IFTA

NA

NA

NA

admin@ifta.org; www.ifta.org

IFTAUPDATE 2023 Volume 30 Issue 3

page 29IFTA Board of Directors Nomination FormIFTA is an international organization established to advance the interests of the global
community of technical analysis societies. IFTA is managed by a board of directors, which
is elected by the member societies at the Annual General Meeting, normally conducted at
the time of IFTA’s Annual Conference. In selecting a slate of candidates for the IFTA boardof directors, IFTA seeks to have the management resources, global representation, diversity,
expertise and experience needed to advance its mission.

Nomination Form: IFTA Board of Directors

IFTA is now requesting nominations from individuals to serve on the board of directors for
the October 2023–October 2026 term. IFTA estimates that four board vacancies will befilled at the 2023 Annual General Meeting in Jakarta, Indonesia. Nominees must be willing to serve as a member or chair of a key IFTA committee and/or assist the committees
and the board in ongoing work as needed.

Address

Board members serve without payment for their work on the IFTA board of directors. Service
on the IFTA board demands a high level of responsibility and a serious commitment tosupport IFTA’s mission; it also provides personal and professional rewards to its members.
Nominations from all interested persons are welcome. The deadline to submit nominations
is August 4, 2023.
The nomination procedure is simple:
1 Any member in good standing of an IFTA member society may be nominated or may
nominate him/herself.

Name of Nominee
Firm

City

State

Postal Code

Phone

Fax

Email

Country

Member in Good Standing of (Name of IFTA Member Society):
Nominated by
Persons seconding this nomination (must be members in good standing of an IFTA member
society). Two seconders required.
1)
Name 		

Society

3 The nominee must have the support of the board of directors of a local member society,preferably his or or her own Society.

2)Name 		

Society

4 Each nominee must submit the following to IFTA Headquarters no later than August 4,
2023.
a Completed Nomination Formb Completed IFTA Member Society Endorsementc Summary or Curriculum Vitae (CV)Nominee must have the support of the board of his/her IFTA member society. A completed
IFTA Member Society Endorsement (below) must accompany this Nomination Form. A
summary of the nominee’s professional credentials and background must accompany
this application.

2 Nominations must be seconded by two members in good standing of an IFTA member
society.

5 All nomination materials should be sent by email or postal mail to:
International Federation of Technical Analysts
Phone: (240) 404-6508
1300 Piccard Drive, Suite LL 14
Fax:(301) 990-9771
Rockville, Maryland 20850 USA
Email: admin@ifta.org
Nominations will be announced to the membership in early September. Voting will take placeat the IFTA Annual General Meeting on October 4, 2023. If you have questions concerning
this matter or would like a nominating form, please contact IFTA Admin at admin@ifta.org.

Nominations deadline: August 4, 2023.
IFTA Member Society Endorsement
Name of Nominee		Name of IFTA Member Society

and has the support of the society’s board of directors to run for a position on the IFTA
board of directors.
Signature of Society Officer 		

Date

IFTAUPDATE 2023 Volume 30 Issue 3

page 30

MFTA and CFTe Exam Dates
Congratulations New CFTes!
The IFTA Certified Financial Technician (CFTe) consists of CFTe I and II, which together constitute acomplete professional program. The two examinations culminate in the award of this internationallyrecognized professional qualification in Technical Analysis.

Ahmed Abd El Zaher Abd El Hakam Emara (ESTA)
Adel Abdelaal Mekkia (ESTA)
Mohamed Abdelmonem Mohamed Ahmed Sallam (ESTA)
Nada Ahmed Fathy Elsamman (ESTA)
Ahmed Amin Mohammed Mahmoud Hassaan (ESTA)Jon Andersen (TSAASF)
Dvyratn Bakshi (STA)
Frank Deckert (VTAD)
Jacob Dentler
Rajaram Dilipkumar
Ahmed Fouad Ibrahem (ESTA)
Ahmed Gamal Gaber Khaleel (ESTA)
Reem Hamdy Ahmed Abdelaziz (ESTA)
Mohamed Hassan Abdel Maaboud Ali (ESTA)
Simon Hofmann (VTAD)
Mohamed Khairy Abdel Moneim (ESTA)
Kemal Kizilay (VTAD)
Marcello Kolax (STA)
Vivek Kumar

Jae Hyun Lee
Samar M. Soliman (ESTA)
Mostafa Mahmoud Raafat Mohamed (ESTA)
Sabreen Mohamed Abd El Azeem Beltagy (ESTA)
Ahmed Mohamed Absi Abozaied (ESTA)
Ayman Mohamed Ahmed (ESTA)
Akram Mohamed Riad (ESTA)
Ahmed Mostafa Mohamed Abdelrahman (ESTA)
Ahmed Nashy (ESTA)
Mohamed Osman Mohamed Tamam Mansour (ESTA)
Suny Patwal
Euphie Rong
Hassan Said Mohamed Elzaidi (ESTA)
Mohsen Sayed Ahmed Ahmed Sayed Ahmed (ESTA)
Hasan Sayed Muhammed Desoky (ESTA)
Dheeraj Sharma
Niklas Stiernborg
Philbert Tan Kian Poh
Ravindra Vasant Rao

Certified Financial Technician (CFTe)–Level I
Date

Offered Year-roundSee our website for further instructions www.ifta.org/certifications/registration/
Syllabus and Study Guide www.ifta.org/public/files/publication-downloads/IFTA_CFTe_Syllabus.pdf

Certified Financial Technician (CFTe)–Level II

2023-2024

Exam dates

19 Oct 2023

11 Apr 2024

Registration deadline

7 Sep 2023

7 Mar 2024

Register at ifta.org/application-forms/cfte-ii-application/
Syllabus and Study Guide ifta.org/public/files/publication-downloads/IFTA_CFTe_Syllabus.pdf
For more information on the CFTe program, visit ifta.org/certifications.

Master of Financial Technical Analysis (MFTA)

2023-2024

Alternative Path Pre-Application Deadline

31 July 2023

28 Feb 2024

Application/Outline Deadline

2 May 2023

15 Mar 2024

Paper Deadline

15 Oct 2023

2 Oct 2024

(Session 1) Register at ifta.org/application-forms/mfta-application-session1/(Session 2) Register at ifta.org/application-forms/mfta-application-session-2/

Balance professional development and yourpersonal life with the STA Home Study Course©
WHAT WILL IT COVER?

WHY PURCHASE THE HOME STUDY COURSE?
The world-class e-learning Home Study Course (HSC)© iswritten by leading industry practitioners, making it one of
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wish to become a qualified technical analyst, the STA offersa tailored Home Study Course as part of our portfolio of worldrespected courses preparing students for our internationallyaccredited STA Diploma qualification.
You can learn from the comfort of your home at times thatbest suit you. Although website based, it is fully downloadable
and may be used online or offline via PC, Mac, iPad or Android
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•

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15 in-depth subject teaching units•

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Since the HSC is International
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candidates for both the IFTA CFTe I and II examinations.
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WHO IS THE COURSE
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The course is intended for individuals
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iswrittenbyleading
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Don’t Get Caught Inside
When You Can Be
Hanging Five
OK, so truth be told, we had a fairly heated discussion at Elliott
Wave International over the direction of this ad. Do we gostraight serious, like just about every other ad? Or do we show
our playful side, in the hope that you won’t just skip past it likeall those other ads?
Because on the one hand, the Certified Elliott Wave Analyst(CEWA) designation is dead serious. The CEWA program is
the standard for Elliott wave analysts. But at the same time, theWave Principle is gnarly, dude – why surf the chop with the
kooks when you could be rippin' the best waves with the locals.
And so, in an exclusive arrangement with our buds at IFTA,
EWI now offers the Certified Elliott Wave Analyst (CEWA)
designation for the coolest dudes: Elliott wave pros, analysts
and traders.
Your CEWA designation lets everyone know that you're alegend in the practical application of the Elliott Wave Principle,
one of the most recognized forms of technical analysis. With
CEWA you can finally paddle out away from the crowds andfind some open water where you can shoot the curl.
Show your CEWA designation to potential employers andprospective clients, so they know YOU know where the bombs-- and the grey fins -- lurk.

Get Started. Visit www.elliottwave.com/wave/GetCertified“Is it just me, or has Wilson gained someconfidence since he became a CEWA?”IFTAUPDATE 2023 Volume 30 Issue 3

page 33

Society NewsSTA (United Kingdom)
The Society of Technical Analysts
On 18 April the STA held its inaugural Technicals to Trading Systems hybrid conference
to much acclaim. Over 90 delegates attended in-person, with 30 more registered online.
The day proved to be an outstanding success with speakers beamed in from the U.S.,
as well as there in person.
We give heartfelt thanks to all our speakers, sponsors, media partners, and—mostimportantly—our audience for making the day such a success!

We have two routes to prepare for the STA Diploma qualification: Our webinar lecturebased STA Diploma Part 1 & 2 Courses held once a year, or you can start studying now
with our Home Study Course.
Held via live Zoom webinar, 18:00-19:30 UK time, the next Diploma Part 1 Course willcommence on Wednesday, 11 October, 2023 and the Diploma Part 2 Course will start on
Wednesday, 10 January, 2024. The courses are fully interactive, with students being able
to ask questions as they would in a classroom. They may also post questions on the STA
Student Forum and are invited to join the official STA Diploma Course WhatsApp group.
On 13 June, we have best-selling author and financier, Andreas Clenow, talking on
Quantitative Point & Figure Trading, and on 11 July, we will be holding a joint panel with
the ACI UK and The Broker Club, giving a mid-year review of the markets. Both events
are being held in-person at One Moorgate Place, City of London and followed by networking drinks—so if any IFTA colleagues are in town at the time, you are welcome toattend. Email STA on info@technicalanalysts.com for more information.
The next STA Diploma Part 1 exam will be held on Monday, 3 July, followed by the STA
Diploma Part 2 exam on Tuesday, 5 September. Students sit the exams in their own
personal space, using Zoom invigilation.

Any course booked before 1 July, 2023 can register at 2022 prices using the promo
code MEMBER2023. The advantage of moving all education online means it doesn’t
matter where in the world you live. Visit the STA website www.technicalanalysts.com
for more information.
Keep in touch with us via our online blog and follow us on twitter @STA_ORG, LinkedIn,
Instagram, or like our Facebook page.

IFTAUPDATE 2023 Volume 30 Issue 3

page 34

Society News continued

ESTA (Egypt)
Egyptian Society of Technical Analysts

Advanced
tools fortraders of
all levels

At ESTA, we strongly recognize the valuable contributions
that women make to the economy and the financial sector. We are pleased to see a significant increase in thenumber of female members in our society from 2020
to 2022. In March 2023, as a board, we were encouraged by this trend and decided to mark Women's Monthby offering all female members a 15% discount on any
course offered by our association. We firmly believe thatempowering women is crucial for economic development,
especially during challenging global circumstances.

Get a 1-month free trial at MetaStock.com/ifta

IFTAUPDATE 2023 Volume 30 Issue 3

IFTA Member Societies
AUSTRALIA—ATAA Australian Technical Analysts Association ataa.asn.au
CANADA—CATA* Canadian Association for Technical Analysis canadianata.ca
EGYPT—ESTA Egyptian Society of Technical Analysts estaegypt.org
FRANCE—AFATE Association Française des Analystes Techniques afate.com
GERMANY—VTAD Vereinigung der Technischer Analysten Deutschlands e.V. vtad.de
HONG KONG—FTAA Financial Technical Analysts Association ftaa.org.hk
INDIA—ATA Association of Technical Analysts tataindia.org
INDONESIA—AATI Asosiasi Analis Teknikal Indonesia aati.my.id
ITALY—SIAT Società Italiana di Analisi Tecnica siat.org
JAPAN—NTAA Nippon Technical Analysts Association ntaa.org.jp
LEBANON—LSTA Lebanese Society of Technical Analysts lstalebanon.com
MALAYSIA—MATA Malaysia Malaysian Association of Technical Analysts matamalaysia.org
NEW ZEALAND—STANZ Society of Technical Analysts of New Zealand stanz.co.nz
PHILIPPINES–STAP* Society of Technical Analysts Philippines staphilippines.org
SCANDINAVIA—STAF Skandinaviens Tekniska Analytikers Förening staf.nu
SINGAPORE—TASS Technical Analysts Society (Singapore) tass.org.sg
SOUTH AFRICA—TASSA Technical Analysts Society of Southern Africa tassa.org.za
SPAIN—IEATEC Instituto Español de Analistsas Técnicos y Cuantitativos ieatec.es
SWITZERLAND—SAMT Swiss Association of Market Technicians samt-org.ch
UNITED KINGDOM—STA Society of Technical Analysts Ltd. technicalanalysts.com
USA—TSAASF Technical Securities Analysts Association tsaasf.org
USA—AAPTA American Association of Professional Technical Analysts aapta.com*Developing Society

page 35

Board of Directors
President Wieland Arlt, CFTe (VTAD)
wieland.arlt@ifta.org
Treasurer Karin Roller, CFTe (VTAD)
karin.roller@vtad.de
Secretary and Membership Director Warren Murnane, Dip TA, CFTe, ST & I (Wealth Within) (ATAA)
warren.murnane@ataa.asn.au
Vice President Middle East and Africa Tamer Gamal, CFTe (ESTA)
tgamal@gmail.com
Vice President Europe Clive Lambert, MSTA, CFTe (STA)
clive@futurestechs.co.uk
Vice President Asia-Pacific Hiwon Yoon, Ph.D., CMTA (NTAA)
yoon@cmdlab.co.jp
Vice President The Americas, Webinar Director Bruce Fraser (AAPTA)
rdwyckoff@me.com
Conference and Development Director Indarwijaya Rangkuti, MBA, CTA (AATI)
Indra.senna@gmail.com
Education Director Saleh Nasser, CMT, CFTe (ESTA)
snasser72@gmail.com
Examination Director Gregor Bauer, Ph.D., CFTe, (VTAD)
gregor.bauer@vtad.deMarketing Director Eddie Tofpik, MSTA
Eddie.Tofpik@admisi.com
Director Alessandr Greppi (SIAT)
greppi.alessandro01@gmail.com
Quant Director Giovanni Trombetta, CFTA, Electronic Engineer (SIAT)
giovanni.trombetta@gandalfproject.com
Director Yukitoshi Higashino, MFTA (NTAA)
higashino3z@gmail.com

IFTA Update Schedule

Director Zainal Osman (MATA)
zarif25@gmail.com

The IFTA Update is the quarterly electronic newsletter of the International Federation of TechnicalAnalysts, reaching more than 7,000+ IFTA colleagues worldwide. The Update is an efficient and costeffective way to communicate with IFTA’s member societies and colleagues.

Staff

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Production Manager Tiffany WardManaging Editor Heather Rigby
Director of Accounting Services Dawn Rosenfeld

IFTA HEADQUARTERS
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