Adelaide - Wednesday 18th May at 7:00pm
Date: Wednesday, April 20, 2016 At 19:00
Duration: 3 Hours
Venue: First Floor, Education Development Centre, 4 Milner St, Hindmarsh.
Click here to view map.
Parking is available in the EDC car park located within easy walking distance.
Click here to view car park location.
Visitors are welcome. First visit is free, subsequent visits $40.
No booking required. Simply register as a visitor at the meeting.
5:30pm: Pre-meeting Dinner
Hope Inn Hotel, 348 Port Road, Hindmarsh. (On your left as you enter the Bistro).
All members and visitors welcome to join us for dinner. No booking required. This is an opportunity to meet the speaker and network with fellow traders.
7:00pm: 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 in the market.
Rauno Tolonen resides in Perth and has been an ATAA member 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 in arms-length and family businesses, however it is studying the markets and trading that have captured his imagination. He has traded Australian equities and Australian exchange traded options and is currently focused on long-only Australian equities (trades and investments) using predominantly technical/price action/chart reading methods.
9:30pm: Meeting concludes
Further information: Charles Browne - 08 8353 6669
Next meeting: Wednesday, 22nd June
Next speaker: To be advised
Future meetings: Usually the 3rd Wednesday of each month