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AnnualIFTA ConferenceOctober 79, 2010Berlin, GermanyHosted By VTAD

IN THIS ISSUE

Presidents Report to Colleagues........ 1Wanted: IFTA Examiners and

Translators ............................................ 3Congratulations New CFTes! ............... 3Congratulations NEW MFTA! .............. 3IFTA Society News ............................... 4Certied Financial Technician(CFTe) Program ..................................... 8Master of Financial TechnicalAnalysis (MFTA) Program ..................... 9The IFTA 23rd Annual Conference ..... 10IFTA Annual ConferenceRegistration Form................................11IFTA Annual ConferenceSponsorship Opportunities ................12

Call for hosting proposals forthe 24 th Annual IFTA Conference .......13IFTA Member Societies .......................152010 Board of Directors ......................15IFTA Journal 2011 Call forSubmissions .........................................16IFTA Journal 2011 Rate Card ..............18

IFTA UPDATE is a publication of theInternational Federation of TechnicalAnalysts, Inc. (www.ifta.org), a not-for-protprofessional organization incorporated in 1986.

HEADQUARTERS International Federation of Technical Analysts9707 Key West Avenue, Suite 100Rockville, MD 20850 USAEmail: [email protected]: +1 240-404-6508

2010 volume 17 issue 1 Presidents Report to ColleaguesDear IFTA Colleagues,

As your incoming President, and on behalf of everyone involved in IFTA, I wouldrst like to say thank you to Elaine Knuth for all her hard work during her three-year term as President. Since it was rst established in 1986, by societies in the US,Japan, UK and Canada, IFTA has grown substantially, and today represents techni-cal analysis societies in 28 counties around the world. Furthermore, IFTAs scope ofwork has also expanded to now encompass a three-level global technical analysisexamination program, international exam accreditation, annual conferences, andthe IFTA Journal . We have developed links with regulators, exchanges & datavendors and put in place professional administrative resources to support the workof the volunteer Board of Directors. This progress has rarely been easy and it hasonly come about through the collective efforts of many dedicated individuals, likeElaine Knuth, who have served so diligently on the IFTA Board over the years.

The entire IFTA Board is committed to building on this foundation and wehave started by establishing key initial objectives and by allocating specicresponsibilities.

Introduction to 2010 IFTABoard of DirectorsWhile detailed biographies of all IFTA BoardDirectors are available on the IFTA website,below is a summary of each Directors particu-lar area of focus and responsibilities as agreedat our rst Board Meeting held in January.

Adam Sorab, PresidentI work at a hedgefund, and was Chairman of the UKs Society ofTechnical Analysts for ten years before becom-ing IFTA President. My role is to represent IFTAand to support the Boards work in promotingthe aims and objectives of IFTA.

Tim Bradley, Vice President AmericasTim isa hedge fund manager with a background ininvestment management and trading technol-ogy. As a member of the American Associationof Professional Technical Analysts, he is well

The next issue of theIFTA Update:June 2010Submission deadline: June 1

Send submissions to Linda Bernetichat [email protected] in the UPDATE and reach morethan 7,000+ IFTA colleagues worldwide.For more information, go to www.ifta.org/publications/newsletter/ and see rate cardon page 19

IFTA UPDATEa newsletter for the colleagues of the International Federation of Technical Analysts
mailto:[email protected]://www.ifta.org/publications/newsletter/http://www.ifta.org/publications/newsletter/http://www.ifta.org/publications/newsletter/http://www.ifta.org/publications/newsletter/mailto:[email protected]


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placed to represent the interestsof IFTA Member Societies in theAmericas.

Shigetoshi Haneda, Vice PresidentAsiaShigetoshi has been a pro-fessional investment manager anduniversity lecturer in technical analysisfor many years. In his role as VP Asia,Shigetoshi will work to represent allIFTA Members in Asia with the aim ofproviding them a direct voice on theIFTA Board.

Maurizio Milano, Vice PresidentEuropeMaurizio is a long standingprofessional technical analyst andnancial markets journalist. As VPEurope his job is to represent theinterests of IFTA Members in Europeat the IFTA Board.

Ayman Waked, Vice President MiddleEast & AfricaAyman is an experi-enced professional asset managerand technical analysis lecturer. He willsupport and represent the interestsof IFTA Members in the Middle East& Africa.

Michael Steele, TreasurerMichael isan experienced and qualied profes-sional investment manager and trustofcer. With a degree in BusinessAdministration, an MBA in Financeand experience as a Board mem-ber of the American Association ofProfessional Technical Analysts, Mikeis an ideal person to serve as IFTATreasurer.

Saleh Nasser, SecretarySaleh hasbeen a senior professional technicalanalyst for many years. Formerly, heheld several board directorships atthe Egyptian Society of TechnicalAnalysts (ESTA), including Treasurer,Head of Education and President.With his wide range of previousresponsibilities and experience, Salehis well suited to take on the role ofIFTA Secretary.

Larry Lovrencic, MembershipDirectorLarry is a highly experiencedprofessional technical analyst, lec-turer and author. He is a Life Memberand Board Director of the AustralianTechnical Analysts Association (ATAA).Having also been directly involved onthe IFTA Board for many years, in sev-eral capacities, he will now take up theposition of IFTA Membership Director.In this position Larry is responsiblefor supporting the establishment anddevelopment of new and existingtechnical analysis societies around theworld.

Rolf Wetzer, Syllabus DirectorRolfhas been a professional investmentmanager for many years and is alsoan experienced university lecturer inquantitative trading strategies. With aPhD in econometrics, degrees in busi-ness administration and nance andalso awards in technical analysis, Rolfis ideally suited for the new post ofSyllabus Director. In this role, Rolf willbe responsible for the further devel-opment of IFTAs CFTe syllabus toensure it continues to incorporate the

very best technical analysis method-ologies and approaches in use aroundthe world.

Gregor Bauer, ExaminationManagement DirectorGregor isan independent Portfolio Managerand a university lecturer in technicalanalysis and portfolio management.As Chairman of Vereinigung derTechnischer Analysten Deutschlandse.V. (VTAD) and someone who has

been directly involved in managingtheir technical analysis examinations,the Board is condent that Gregorhas the right skills to take on the newrole of Examination ManagementDirector. In this position, Gregor isresponsible for the production andmanagement of IFTAs CFTe andMFTA examination programs.

Roberto Vargas, Exam AccreditationDirectorRoberto is a banker with

a background in proprietary tradingand treasury management. With adegree in International Law and aCFTe qualication in technical analysis,he is well placed to tackle the posi-tion of Accreditation Director. Thisnew position will focus on supportingMember Societies that wish to havetheir own exams accredited by IFTAas equivalent to the CFTe standard.

Elaine Knuth, ConferenceDirectorAs IFTAs immediate pastPresident, Elaine needs no furtherintroduction. In her role as ConferenceDirector, Elaine will focus on developing protocols and procedures for themanagement of IFTA Conferences, tosupport hosting Member Societiesand to harness benets of manage-ment continuity of these events.

Regina Meani, Journal DirectorRegina, a freelance technical analysisconsultant and successful author onthe subject, will continue to run theIFTA Journal.

In addition to the above Directorships

with specied roles, the IFTA Boardalso has ten more Directors thatprovide further regional support,specialist expertise and benchstrength. These are Peter Pontikis,

Veronique Lashinski, Hiroshi Okamoto,Marc Michiels, Julius De Kempenauer,Wang Tao, Max von Lichtenstein,Gerald Butrimovitz and AntonellaSabatini.

Current IFTA Board Initiatives

The Board has set itself some keyobjectives for 2010 and has alreadystarted working together towardsthem.

We will establish and document IFTABoard governing practices and oper-ating procedures. This may involve anupdate to the Constitution, and wehave engaged specialist legal coun-sel to help us identify any aspectsof IFTA governance or bylaws that

Presidents Report to Colleagues continued

IFTA UPDATE 2010 Volume 17 Issue 1 page 2


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could be improved. The support ofIFTA Member societies will be criticalto the progress of this work, and wehope shortly to provide all Memberswith details on our proposed changesto allow for a full discussion beforeany voting that may be required atthe AGM in Berlin.

The Board has also instructedAuditors to complete a nancial auditof IFTAs nances for the last nancialyear. It is expected that the Auditwill both conrm the Boards assess-ment of our nancial health and alsoprovide us with further best practiceguidance with regards to nancialcontrols and reporting.

High quality education, examinationand accreditation will be the keydrivers of success in gaining greaterunderstanding and support fortechnical analysis amongst academics,regulators and the nance industry ingeneral. To this end, we are explor-ing ways to assure the ongoing CFTeaccreditation and examination quality.

With our members, we are alsofocused on developing approachesto signicantly increase the size andstrength of IFTA and all its MemberSocieties in the coming years. Thisgrowth will allow IFTA to provideadditional services and resources toits Members and Associates.

To be successful, all of this workwill require the continued input

and involvement of Members andAssociates. The board is open toinput and feedback. Please let usknow if you have any questions orsuggestions.

Adam Sorab, FSTA, CFTe

Presidents Report to Colleaguescontinued

Wanted IFTA Examiners and TranslatorsIFTA is looking to increase its global network of technical analysis Examinersand Translators. In this work, we would greatly appreciate the support ofIFTA Members and Associates. If you have experience in technical analysiseducation and testing please contact IFTA, or your local Society for moreinformation. Ideal candidates will have experience in the setting, grading,reviewing or translation of technical analysis examinations. A thoroughknowledge of the CFTe or equivalent syllabus will be essential.

Please do not hesitate to contact me with any questions,Roberto Vargas, CFTe (STA), Accreditation Director, [email protected]

Congratulations New CFTes!in alphabetical order

Masako Akiyama, NTAAJan-Dirk Baumhkel, VTAD

Ted Gurko, VTADHirohide Hamazaki, NTAAKazuhiro Hara, NTAADiplom Betriebswirt Sebastian

Hofmann, VTADTsuyoshi Hoshina, NTAAShintaro Hosoda, NTAAShinichi Ishizawa, NTAAMarek Jordan, VTADChristian Kmmerer, VTADKen Chi Keung Lau, ATAAFermin Yoldi Montao, AEAT

Syuichi Murabe, NTAATakahiro Nagai, NTAA

Yasushi Nakazawa, NTAAShinya Nishimura, NTAASatoshi Ootani, NTAADaniel Posmik, VTADAndr Seefried, VTADRussell Graham Shor, ATAAMasanori Takashima, NTAAShinichi Tamura, NTAAKenichi Tanabe, NTAARyoichiro Tsuji, NTAADaisuke Wada, NTAANaomi Yamamoto, NTAA

Congratulations NEW MFTA!

Waleed Aly Khalil, ESTAMFTA Research Paper Title:Volume, Price & Sentiment Zone OscillatorsWaleed Khalil, CFTe, MFTA is a chief technical strategist atPremiere Securities, Cairo, Egypt.

He started his career working for HA Brokerage, the brokerage arm for HAInvestments. He was awarded the Masters of Financial Technical Analysis (MFTdesignation in October of 2009. Waleed holds a Bachelor of Science degree in

Architecture, faculty of engineering, Ain Shams University, Cairo, Egypt.

Waleed is the head of the publication committee and a technical analysisinstructor at the Egyptian Society of Technical Analysts (ESTA). The generalpurpose of his paper was to introduce a new method through three unique,but complementary, oscillators (VZO, PZO & SZO). Each one aims to revealthree important aspects in the marketprice, volume and sentiment,respectively.

VZO, PZO & SZO provide new vision to help explain the market motionfrom a different perspective. Ultimately, this seeks to aid and offer guidancefor predicting future price trends.

IFTA Master of Financial Technical Analysis

IFTA Certied Financial Technician

mailto:[email protected]:[email protected]


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AATROM (Romania)

The Romanian Association for TechnicalAnalysis (AATROM), in partnershipwith TRANSGAZ Romania, will pres-ent its 3rd International Conferencefor Technical Analysis in Budapest,Hungary, on May 1415, 2010.

This event will be the rst one withfocus on Technical Analysis in Centraland Eastern Europe and will addressissues related to its main theme: TheSwiss Knife of the Technical Analyst.

The presence of a panel of distin-guished experts in the eldValerieGastaldy, Robin Grifths, TrevorNeil, Tony Plummer, Ron William andothersis already a guarantee that

this event will contribute to a betterunderstanding of TA and cooperationbetween CEE and other TA experts.

For the detailed Conference programand registration form, please consultthese links: http://aatrom.org/confer-ence2010.htm and http://aatrom.org/downloads.htm

AATROM and TRANSGAZ Romaniaare looking forward to welcoming you

and your colleagues at this importantevent. Both the professional andsocial programs will take advantageof beautiful Budapest in May.

For additional information, pleasee-mail us at [email protected] .

Welcome and see you in Budapest!

Dan Valcu, CFTe and Sorin KeszegConference Directors

AFATE (France)AFATE announces the creation ofAFATEs blog upon the invitation ofCapital.fr (Prisma Press), a very popu-lar nancial website in France, http://afate.blog.capital.fr/ . The purposeof the blog is to promote technicalanalysis, training professionals andacademics on tools and methods oftechnical analysis, and, nally, allow-ing private investors to discover andlearn these tools.

April 15, 2010A Conference with Mrs. DeborahOwen, Chairman of STA (and co-author of Mapping the Markets ), wasorganized with Bloomberg. For moreinformation, contact AFATE.

The following events took place at AFATE earlier this year.

April 8, 2010

Development and Analysis of theArab Exchanges was presented by

Dr. Fadi Khalaf, Secretary Generalof the Union of the Arab StockExchanges, and Mr. Julien Nebenzahl,former President of the AFATE andPresident of DayByDay.

March 2627, 2010AFATE participated in the2010 Technical Analysis Exhibition.

ATAA (Australia)The Board of the ATAA recentlymet in Brisbane for one of the threeface-to-face meetings held eachyear. Eleven of the 12-member boardarrived for a casual meal on Fridaynight and then worked through theweekend, 8:30 to 5:30, both Saturdayand Sunday. Australia is a big country;three board members had a 4.5 houright from Perth to contend with(Louis, Perth Chapter President, reallydislikes the long ightbut when youlive in Perth, a long way from abso-

lutely everywhere, ying is a neces-sary evil).

IFTA Society News

As you can see, our resident extrovert, Max (Michelle) Knobel cannot be held down by the photogra-phers instructions! Left to right and row by row the Directors in the photograph are: Back row; NeilGodwin Brisbane, Regina Meani Sydney, Louis Nilant Perth, Max (Michelle) Knobel Canberra,MaryJean Johnstone Perth, Alethea Bennett Newcastle, Jeff Clark Perth. Front row; GrahamJohnson Brisbane, Robert Grigg Melbourne, Chris Meakin Canberra, Robert Brain Melbourne.Missing, (its always hard to get a date that suits everybody), Larry Lovrencic Sydney.

http://aatrom.org/conference2010.htmhttp://aatrom.org/conference2010.htmhttp://aatrom.org/downloads.htmhttp://aatrom.org/downloads.htmmailto:[email protected]://afate.blog.capital.fr/http://afate.blog.capital.fr/http://afate.blog.capital.fr/http://afate.blog.capital.fr/mailto:[email protected]://aatrom.org/downloads.htmhttp://aatrom.org/downloads.htmhttp://aatrom.org/conference2010.htmhttp://aatrom.org/conference2010.htm


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The agenda is always full; the ATAAwith just on 1,200 members spreadover 9 Chapters is a major associationto manage. The agenda included:Education and Training, ConferencePlanning, Directors Portfolios,Marketing, IFTA, Web Site Upgrade,Finance and Policy issues and manyothers. As always, there were somelively debates!

The management of the ATAA isa large task. Eighty local ChapterCouncillors take a major load with thetwelve National Board members help-ing to tie it all together.

SAMT (Switzerland)SAMT is pleased to announce thefollowing upcoming events:

May 27, 201012h00 14h00Location: Credit Suisse FORUMGeneva, Rue de Lausanne 17 1204GenevaThe key 20102012 time window innancial markets from the perspec-tive of longterm economic cycles.

Speaker: Tony PlummerEntrance free.

May 28, 201011h00 13h00Location: Centro di Studi Bancari, VillaNegroni, Via E. Morsini 1, 6943 Vezia(Lugano)The key 20102012 time window innancial markets from the perspectiveof longterm economic cycles.Speaker: Tony PlummerEntrance free.

The following events took place atSAMT earlier this year:

April 8, 2010Location: BloombergSeidensgasse 20, 8001 ZrichSemidiscretionary trading methods.This event was geared to an expe-rienced and professional interactiveaudience.Presenter: Roxanne Frey, Aikido Trading

March 25, 2010An Elliott Wave Forecast For 2010.Speaker: Brian Whitmer, FinancialAnalystEurope, Elliott WaveInternational

February 8, 2010Deliberations on Gold, The Dollar &US Equity Cycles for 2010/2012Location: Au PremierHauptbahnhof, ZrichSpeaker: Ian Mcavity

January 28, 2010Theme: Market InsightsBig Picture Outlook for 2010Presenter: Bruno Estier, MFTAStrategic Technicals

How to Trade on BIG News Days Presenter: Howard Friend, CMT,MIGInvestments TechnicalAnalysts, Global MarketsTrading Gann Strategies Presenter: Richard MorrishAVenture Capital Chief StrategistMarket Geometry Presenter: Ron William, CMT,MSTAEMEA Technical AnalysisSpecialist

2010 Global Market OverviewLocation: BloombergSeidengasse 20 8001 ZrichSpeaker: Daniel Stillhart

SMS (Bosnia andHerzegovina)

Society for Market Studies andSarajevo Stock Exchange signedmemorandum of cooperationCommon goal: To regain condencein capital markets through risinganalytical standards.

On Monday, March 29, 2010, at theSarajevo Stock Exchange, representa-tives of Society for Market Studies(SMS) and Sarajevo Stock Exchange(SASE) signed a memorandum ofcooperation. Education and promo-tion of the best analytical and profes-sional practices are goals that SMSand SASE will now jointly pursue, theagreement says.

Cooperating with SMS, SASE con-rms its commitment to the higheststandards of investor education,transparency and its openness to bestpractices. In the last 12 months, dataon SASE companies became part ofReuters and Bloomberg data feedsand, earlier this month, listed com-

panies were included in Dow JonesFEAS Index. The main goal was toincrease visibility of Bosnian markets.

Educating investors, both individuals

President of the Society for Market Studies, Mr. Polimac, (left) and executive director of SarajevoStock Exchange, Mr. Dedic, (right) agreed about the importance of investment education in Bosniaand Herzegovina.

IFTA Society News continued



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and professionals, is the best path toconsistent and stable market activitywith minimal speculation, said IrfanPolimac, President of SMS and CEOof London based Integral MarketAnalytics, LTD. Society for MarketStudies will continue to promote insti-tutional cooperation with key marketstakeholders, afrm highest invest-ment education standards and fosterinnovation, added Mr. Polimac.

Executive director of SASE, Mr. Sci.Zlatan Dedi emphasized that, Thiscooperation comes as a part of theconstant efforts of SASE to developand improve its operations, and alsowiden the value SASE adds to localmarkets.

The general public, living in the majorcities of Bosnia and Herzegovina,Croatia, Serbia, Montenegro andMacedonia, as well as nancialprofessionals can already access SMSresources and programs via a distancelearning platform.

Executive director of SASE, Mr. Dedic,

and president of of SMS, Mr. Polimac,agreed about the importance ofinvestment education in Bosnia andHerzegovina.

SMSs e-university platform readyOne step in making education andmeeting easier to members andpartners of the Society for Market

Studies has been completed. It isan open-source platform that allowsfunctionalities that include video,voice, whiteboard, le exchange,storage of syllabi, polls and exercises.Hundreds of people will be able toattend live events from wherever theyare in south-eastern Europe or accessarchives later.

In relation to new meeting and train-ing capacities at SMS, Edin Pasic,program manager, says E-learningis a part of SMSs attempt to makeeducation in nancial analysis easyand accessible in the region wheretraditional methods would be slowto implement. It will also help theSociety for Market Studies communi-cate internally.

For now, the platform functions onthe site of the company that spon-sored the adaptation for SMS needs(www.ttced.org ) and soon should betransferred to the Societys domain atwww.trzisnestudije.org . (See imagebelow.)

Media contact: Edin Pai [email protected] +387 61 893 706

SSTA (Saudi Arabia)

SSTA is to organize the Technicians Annual Forum in Saudia ArabiaSaudi Society for Technical Analysts,

(SSTA), in cooperation with theInternational Federation of TechnicalAnalysts, is currently preparing toorganize the rst event in SaudiArabia. The event will be attendedby a galaxy of technical analysts fromdifferent areas of the world. Underthe chairmanship of H.R.H. Prince Dr.Abdulaziz Bin Abdelrahman Aal Saud,founder & president of SSTA, this willbe the rst event to be held for bothSSTA members and those interestedin the technical analysis of nancialmarkets.

SSTA will organize two workshopson the sideline of the conference,concerning the latest developmentsof technical analysis and its role todevelop the nancial markets andserve traders in the Arab and interna-tional nancial markets.

A meeting between MEA-MA vicepresident and SSTA

SSTAs Public Relations Director,Mr. Faiz Alhumrani (right), recei-ved Middle East and Africa MarketAssociation (MEA-MA) vice president

Mr. Ron William (left).

Opportunities for cooperationbetween the two societies werereviewed in terms of what serves boththe technical analyts and technicians.

Mr. William recognized the activitiesand services of SSTA and what areintroduced to the members of thetechnical analysis profession and itsrole in the nancial markets.


http://www.ttced.org/http://www.trzisnestudije.org/mailto:[email protected]:[email protected]://www.trzisnestudije.org/http://www.ttced.org/


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As the meeting concluded, the groupdiscussed holding another meetingin the near future to agree on mutualprojects. These projects includeorganizing workshops between thetwo societies, as well as translatingthe TA references and other importantbooks in the eld of Technical Analysisby John Murphy, Martin Pring,

Alexander Elder, Robert D. Edwards,and other writers.

Two SSTA members write books onTA in ArabicTwo foundation committee memberswrote books on technical analysis inArabic. The rst book, entitledTA: the most effective tool in analy-zing nancial markets, was written byMr. Majid Fahad Alomari. It includesseveral topics like technical analysis

denitions, theories, assumptions,support and resistance, trend, can-dlesticks, indicator, TA glossary andother topics.

The other book, entitled TA andInvestment in Stock Market, waswritten by Mr. Abdullah Alqasem. Thebook includes several topics relatedto technical analysis, Elliot waves,Dow Theory, Fibonacci ratios andother related topics.

In the future, SSTA intends to trans-late several specialized books intechnical analysis, document theexperience of members, and publishnew books in favor of Technicians inSaudi Arabia.

SSTA launches electronic gatewayto serve its members

Next summer, SSTA will launch thenew version of its website to servemembers, as well as those who areinterested in TA throughout the Arabworld.

The new version includes the detailsof joining the society; informationabout CFT exams, training coursesand workshops; and a section on thebooks of technical analysis.

The website will have a directory ofcertied technicians and membersof the society, to help those seekingspecic jobs.

The new version includes a specialwebpage to contact the board of thesociety through different communica-tion networks like Facebook, Twitterand MySpace. To visit the currentversion of the website, please visit thefollowing linkhttp://www.saudi-sta.org

SSTA Upcoming CongressOn Thursday, May 27, 2010 SSTAmembers will meet in Riyadh todiscuss several issues. During themeeting Mr. Ali Azaharni, SSTAsmember of foundation committee,will review the master Research thathe presented to IFTA, including adetailed presentation on the researchand its goals.

TSAASF (USA)May be the best $10 that I everspentthere was a lot of good infocrammed into Prings talk, exclaimedKent, TSAASF member.

The unsolicited comment by thisTSAA member, captures the essenceof the TSAA value proposition.

The rst year of the new decadepromises to be another banner yearfor TSAASF programs. On January16 th there was a special feature byrenowned market technician, Mr.Martin Pring. The topic of that pre-sentation came under the intriguingtitle of The Lost Decade. Joining

Martin at the podium was his partnerand co-founder of the TSAA, JeoTurner.

The year 2009 ended on high andpleasant notes. On November 14,2009 there was an outstandinglysuccessful conference on Trends andOptions. Mr. Brent Leonard, CMT,our TSSA Review Editor, wrote aboutthat event in the TSAA Review. Then,on December 10, 2009, the tradi-

tional year-end round-up at AlfredsSteakhouse featured a presentation,by Gibson, on Plan Ahead andFollow Trend, and Hank Pruden on,The Forgotten Man: Finding MarketHistory That Fits.

Henry (Hank Pruden), Ph.D.President, TSAASF


http://www.saudi-sta.org/http://www.saudi-sta.org/


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The IFTA CFTe program offers twoexamination levels, CFTe I and CFTe II.The CFTe I is offered year-roundthrough Pearson VUE , IFTAs comput-erized examination provider; CFTe IIis offered in the Spring (April) and Fall(October/November) each year.

ExaminationsThe two examinations culminate inthe award of an international pro-fessional qualication in TechnicalAnalysis. The exams test not onlytechnical knowledge, but also ethicsand market understanding.

CFTe I: This multiple-choice examconsists of 120 questions, covering awide range of technical knowledge,usually not involving actual experi-ence. Previous exams are not avail-able, but a limited number of samplequestions are sent out with thesyllabus and reading list.

The CFTe I exam is now being offeredin English, French, Italian, German,and Spanish, year-round at testingcenters throughout the world throughPearson VUE, IFTAs computer-basedtesting provider. The Arabic version ofthe exam is due to be released soon.

Candidates interested in taking theCFTe I exam should forward theircandidate details (see http://www.

ifta.org/certications/application/ forrequired candidate details) to theirlocal Member or Developing MemberSociety to receive authorization toregister with Pearson VUE for theexam. Your local Society will conrmyour membership and forward thedetails to IFTA. Once IFTA receivesthis information, you will receive anAuthorization to Test conrmation let-ter, via email, with instructions on howto proceed with registration for the

CFTe I exam with Pearson VUE.

BENEFITS OF THE NEW FORMAT:Easy to register and pay through1Pearson VUE.Schedule the exam for a date and2time that is convenient for you.Take the exam in just about any3major city in the world.Exam results are released4immediately following the exam. Retake the exam immediately if5needed.

CFTe II: This exam incorporates anumber of questions requiring (short)essay-type answers which shoulddemonstrate both knowledge of, andexperience in, using various types ofTechnical Analysis; it also provides anumber of different charts coveringone specic market (often an equity),which must be analyzed as thoughfor a Fund Manager. Syllabus and

required reading list, as well as previ-ous exam papers, are available onreceipt of application and fees.

PrerequisitesOnly IFTA Colleagues, who aremembers in good standing of an IFTAMember Society or IFTA DevelopingSociety, are eligible for this program.If there is not an IFTA-afliated TASociety in your country, you may stillparticipate in the process by either:

Joining an established society inanother country. Most societiesaccept non-resident members. Fora list of IFTA societies, please seeIFTA Member Societies or IFTADeveloping Societies at http://www.ifta.org/membership .Linking up with other like-mindedpeople, creating a TA Society inyour country and applying to IFTAfor Developing Society status.

Upcoming CFTe Deadlines

CFTe IIOur next exam will be held onOctober 7, 2010.

Please see our website for syllabus,

reading lists and online registrationat http:// www.ifta.org/certications/application/.

Candidates are encouraged to reviewthe FAQs, at http:// www.ifta.org/certications/faq/ and CFTe web-page for program details and examprerequisites at http:// www.ifta.org/certications/nancial/.

Call for MembershipInvolvement for CFTeMembers interested in assist-ing with the development ofexam questions, translationsand examiner services, pleasecontact IFTA Headquarters,[email protected], outliningyour area of interest, and yourexpertise and qualications.

Certied Financial Technician (CFTe) Program

http://www.ifta.org/certifications/application/http://www.ifta.org/certifications/application/http://www.ifta.org/membershiphttp://www.ifta.org/membershiphttp://www.ifta.org/certifications/application/http://www.ifta.org/certifications/application/http://www.ifta.org/certifications/faq/%3C00AD%3Ehttp://www.ifta.org/certifications/faq/%3C00AD%3Ehttp://www.ifta.org/certifications/financial/http://www.ifta.org/certifications/financial/http://www.ifta.org/certifications/financial/http://www.ifta.org/certifications/financial/http://www.ifta.org/certifications/faq/%3C00AD%3Ehttp://www.ifta.org/certifications/faq/%3C00AD%3Ehttp://www.ifta.org/certifications/application/http://www.ifta.org/certifications/application/http://www.ifta.org/membershiphttp://www.ifta.org/membershiphttp://www.ifta.org/certifications/application/http://www.ifta.org/certifications/application/


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Master of Financial Technical Analysis(MFTA) ProgramIFTAs Master of Financial Technical Analysis (MFTA) requires a university-style research paper. It is intended to be asevere test of professionalism in the global arena. There are two submission dates per year, at the beginning of May andthe beginning of October.

PrerequisitesMFTA is open to all holders of the Certied Financial Technician designation or equivalent (currently CMTA from theNTAA and Dip.TA from AATA) who are members of IFTA-afliated Societies (IFTA Colleagues). On receipt of an applica-tion, conrmation will be sought from the candidates local Society, verifying that the applicant is a properly accreditedand fully paid-up member or associate member of that Society, before further processing takes place.

For those IFTA Colleagues who do not have the formal qualications outlined above, but who have other certicationand/or many years experience working as technical analysts, the Accreditation Committee has developed an AlternatePath by which candidates with substantial academic or practical work in technical analysis can bypass the requirementfor the CFTe.

In general, there are three categories of applicants for the Alternate Path. It is open to IFTA Colleagues who:

Have technical analysis certication other than CFTe (such as CMT or STA Diploma) PLUS three years experience as atechnician.Have nancial certication other than CFTe (such as CFA, CPA, MBA) PLUS ve years experience as a technician.Have experience only (eight years minimum).

Candidates in these or very similar circumstances may apply for the Alternate Path, which is a prequalication procedure.If approved, they may register for the MFTA and send in their research proposals.

Upcoming MFTA Deadlines

Session 1Alternative Path application deadline ......February 28, 2010 (Closed)

Application, outline & fees deadline ...........May 2, 2010

Paper submission deadline .........................October 15, 2010

Session 2Alternative Path application deadline ......July 31, 2010

Application, outline & fees deadline ...........October 2, 2010

Paper submission deadline .........................March 15, 2011

Cost .............................................................$900 USD

Download Applications at: http://www.ifta.org/certications

More information about our MFTA program is available at http://www.ifta.org/certications Questions should be directed to [email protected] .

IFTA Master of Financial Technical Analysis

http://www.ifta.org/certificationshttp://www.ifta.org/certificationsmailto:[email protected]:[email protected]://www.ifta.org/certificationshttp://www.ifta.org/certifications


10/18

Like the markets we study,TA is experiencing newdirections, innovation andimpulses. The 2010 Conferencewill reect this with many themesfrom global inter-market analysisincluding the developing energy andcarbon derivativesto algorithmictrading methods, to applicationof Behavioral Finance and Data

Visualization.

Conrmed speakers include:

Tom Dorsey of Dorsey WrightJeremy Armitage of State StreetAssociates (who innovated blackswan hunting techniques)Matthias Shapiro on EffectiveVisualization of InformationTrevor NielDavid FurakJulie Agnew, Assistant Professor ofFinance and Economics at William

and MaryHolgar Galuske of E.ON EnergyTradingHersh Shefrin, Professor of BehaviorFinance at Santa Clara Universityand author of Beyond Greed andFear: Understanding BehavioralFinance and the Psychology ofInvesting, published by HarvardBusiness School Press.

Interest in the conference is high from

potential attendees and potentialsponsors. Sponsorship opportuni-ties are outlined on page 1 2 and arealso available for download on theIFTA website. Registration is nowopengo to page 1 1 and registernow. The early bird registration feeis $1,400/$1,580 USD for the three-day conference if you register onor before August 2 nd. After August2nd conference registration will be$1,580/$1760 USD.

With Grace Jans careful coordina-tion and negotiation, IFTA was ableto secure a terric conference venue

at the Ritz Carlton of Berlin. The Ritzis located in the center of Berlin andis walking distance to many of thesites of interest, including shoppingUnter den Linden, Alexander Platzand the Berliner Tor. In addition to theconference, a partner program willbe organized with private guides toexplore Berlin, the surrounding areasof Potzdam, and if there is a demand,even Dresden.

The 23rd

IFTA Conference will bea great opportunity to hear, thinkabout and discuss the leading edgedevelopments and ideas impact-ing Technical Analysis of the globalmarkets. I hope to see many of youon the Alexander Platz in Berlin.

Elaine Knuth, IFTA Conference Director

Hosted by VTAD



11/18


12/18

Platinum .....USD $10,000

Pre Conference Publicity Logo on IFTA websitethrough 2010 with link toyour own site4 color IFTA Journal adwith choice of inside coveror back cover page, 4 color IFTAUpdate ad (in 2 issues)Logo on electronicConference Brochure

Conference PublicityKeynote speakeropportunityTabletop Exhibit atConference (8 x 6 space)Two (2) Full DelegateRegistrationsTwo (2) One-DayConference DelegateRegistrationsPrimary Logo on FinalProgram Notebook

Gold ........... USD $7,200

Pre Conference Publicity Logo on IFTA websitethrough 2010 with link toyour own site4 color IFTA Journal ad(Inside) page, 4 color IFTAUpdate ad (in 2 issues)Logo on electronicConference Brochure

Conference PublicityTabletop Exhibit atConference (8 x 6 space)One (1) Full DelegateRegistrationTwo (2) One-DayConference DelegateRegistrationsLogo on Final ProgramNotebook

Silver .......... USD $5,000

Pre Conference Publicity Logo on IFTA websitethrough 2010 with link toyour own site page, 4 color IFTAJournal ad page, 4 color IFTAUpdate ad (in 2 issues)Logo on electronicConference Brochure

Conference PublicityTabletop Exhibit atConference (8 x 6 space)One (1) Full DelegateRegistrationOne (1) One-DayConference DelegateRegistrationLogo on Final ProgramNotebook

Bronze ........ USD $2,500

Pre Conference Publicity Logo on IFTA websitethrough 2010 with link toyour own site page, 4 color IFTAJournal ad page, 4 color IFTAUpdate ad (in 1 issue)Logo on electronicConference Brochure

Conference PublicityTabletop Exhibit atConference (8 x 6 space)One (1) One-DayConference DelegateRegistrationLogo on Final ProgramNotebook

Friend of IFTA ... USD $500

Pre Conference Publicity Listing on IFTA websitethrough 2010Listing on electronicConference BrochureOne (1) set of promotionalmaterials to be placed ondisplay tabletopListing on Final ProgramNotebook

Banner Supporter ..$2

Pre Conference Publicity Listing on IFTA websitethrough 2010Listing on electronicConference BrochureListing on Final PrograNotebook

General EventSponsorshipsContinental Breakfasts,Lunches, Refreshment BOpening Reception, and/or Gala Dinner sponsorshavailable upon request.

Select the sponsorship package that best suits your needs

The Best Place to Reach Your Target MarketThe Annual IFTA conference is the leading event for Technical Analysts, Traders, Fund Managers, Asset Allocators andinvestors from all continents. It provides a unique opportunity to reach the decision and opinion makers in your market. Withthe presence of an estimated 180 delegates, sponsorship of the Annual IFTA Conference is an extremely efcient vehicle forcompanies looking to gain targeted exposure to this inuential audience.

Benets of SponsoringDistinction of your product in the marketplaceDeveloping new contactsFeedback on BrandNetworking & cross promotionPersonal access to a target audience

Questions about the Sponsorship levels, please contact:Elaine Knuth, Conference [email protected] or Gregor Bauer, Ph D., Host Society [email protected]

Complete the application form by September 3, 2010and return to:Grace L. Jan, CMP, CAE, Vice President, Meetings:[email protected] or (240) 404-6479

Sponsorship Opportunities
mailto:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]


13/18

IFTA is soliciting hosting proposalsfrom all member societies for the 24 th IFTA Conference to be held in 2011.

In cooperation with a host membersociety, and with IFTA-contractedprofessional conference planners, IFTAwill nance, contract and organize theconference. This allows our membersto host a professional, internationalconference on Technical Analysis withleading speakers in the eld. In addi-tion, it will raise the national proleof the hosting organization, and havethe potential to increase revenue forthe ongoing work and support of theirsociety (50% of the conference pro-ceeds will go to the hosting society).

BackgroundThe International Federation of

Technical Analysts, Inc. (IFTA) wasincorporated in 1986 and is a globalorganization of market analysis societ-ies and associations. This not-for-prot federation has four main goals:

Provide a centralized internationalexchange for information, data,business practices, local customsand all matters related to technicalanalysis in various nancial centers.Provide meetings and encourage

the interchange of material, ideasand information for the purpose ofadding to the knowledge of col-leagues of individual societies andassociations.Foster the establishment of local(country) societies of technicalanalysts around the world.Encourage the highest standardsof professional ethics and com-petence among technical analystsworldwide.

The rst annual IFTA conferencewas held in Tokyo in late 1988. Thisintellectual exchange was followedby a second conference in London inOctober 1989, under the tutalege ofhost, Robin Grifths, President of theBritish Society of Technical Analysts(STA) at the time. Since then IFTA has

continuously held an annual confer-ence in different locations throughoutthe world, hosted by a different hostsociety, in October or November eachyear. Conferences were held in thefollowing cities:

1988 Tokyo, Japan

1989 London, England

1990 Montebello, Canada

1991 Mexico City, Mexico

1992 Dublin, Ireland1993 New York, NY USA

1994 Paris, France

1995 San Francisco, CA USA

1996 Amsterdam, The Netherlands

1997 Sydney, Australia

1998 Rome, Italy

1999 Niagara-on-the-Lake, Canada

2000 Mainz, Germany

2001 Tokyo, Japan2002 London, England

2003 Washington, DC USA

2004 Madrid, Spain

2005 Vancouver, Canada

2006 Lugano, Switzerland

2007 Sharm el Sheikh, Egypt

2008 Paris, France

2009 Chicago, IL USA

Call for hosting proposals forthe 24 th Annual IFTA Conference



14/18

In close coordination with the hostmember, IFTA will be responsible forthe following:

Site selectionContract negotiationsHotel logisticsSponsorship packaging and solicita-tion and contractingProgrammingExhibits managementSpecial event coordinationAudiovisual productionRegistrationMarketingFinancial Management

This allows the host society to dowhat it does besthelp determinethe site, theme, program and per-sonality for the Conference. Thehost society will dene the vision forthe Conference while IFTAs focuswill be on its execution. The hostsociety shares in revenue from the

Conference while avoiding any nan-cial exposure. Suggested informationguidelines in a submitted proposal are:

The proposed Conference locationshould be within 30-45 minutes taxi-drive from an international airport,if possibleConference venue should be held inthe same hotel as where delegatesare staying (or at least within a shortwalking distance)If you already have ideas on pos-sible conference venues, pleaseinclude this informationInformation about the location for

the proposed conference includinglists of possible venues, transporta-tion overview, cultural and touristicpoints of interestClimatic conditions betweenthe months of September andNovemberA theme or themes for theConference you would like to host

Preliminary ideas you may alreadyhave for off-site Conference eventsIdeas you may have for a spouse/partner events parallel to theConferenceA list of speakers you thinkyou would like to invite to theconferenceNames of potential local sponsors.The name and contact details ofyour Conference ChairAny additional information youthink is important to evalute yourproposalWhy your society is best posi-tioned to host the 24 th Annual IFTAConference

Please submit your proposal to LindaBernetich at IFTA Administration,[email protected] by June 15, 2010.

Should you have any questions,please contact Linda at the addressabove.

Call for hosting proposals for the 24th Annual IFTA Conference continued

IFTA Update is the quarterly electronic newsletter of the International Federation of Technical Analysts, reaching more than 7,000 IFTAColleagues worldwide. The Update is an efcient and cost-effective way to communicate with IFTAs member societies and Colleagues.

PUBLICATION SCHEDULESpring Issue advertising submission deadline March 15, 2010Summer Issue advertising submission deadline June 1, 2010Fall Issue advertising submission deadline September 1, 2010Winter Issue advertising submission deadline December 1, 2010

For more information and to advertise, visit our website http://www.ifta.org/publications/newsletter/

IFTA UPDATE

http://www.ifta.org/publications/newsletter/http://www.ifta.org/publications/newsletter/


15/18

IFTA Member SocietiesARGENTINA AAAT www.aaat.org.arAsociacion Argentina de Analistas Tecnicos

AUSTRALIA ATAA www.ataa.com.auAustralian Technical Analysts Association

BOSNIA & HERZEGOVINA CSTA*Society for Market Studies

CANADA CSTA www.csta.orgCanadian Society of Technical Analysts

CZECH REPUBLIC CNATA* www.cnata.czCzech National Association of Technical Analysts

EGYPT ESTA www.estaegypt.orgEgyptian Society of Technical Analysts

FRANCE AFATE www.afate.comAssociation Franaise des Analystes Techniques

GERMANY VTAD www.vtad.de Vereinigung der Technischer Analysten Deutschlands e.V.

INDIA ATA* www.taindia.orgThe Asociation of Technical Analysis

INDONESIA AATIAsosiasi Analis Teknikal Indonesia

ITALY SIAT www.siat.orgSociet Italiana di Analisi Tecnica

JAPAN NTAA www.ntaa.org .jpNippon Technical Analysts Association

JORDAN JTAS www.jtas-jordan.comJordan Technical Analysts Society

KUWAIT KWTAA* www.kwtaa.orgKuwait Technical Analysis Association

NETHERLANDS DCTADutch Commission of Technical Analysis

NEW ZEALAND STANZ www.stanz.co.nzSociety of Technical Analysts of New Zealand

ROMANIA AATROM www.aatrom.orgAsociatia Analistilor Tehnici din Romania

RUSSIA RSTA www.mfd.msk.ru/otaRussian Society of Technical Analysts

SAUDI ARABIA SSTA* www.saudi-s ta.orgSaudi Society of Technical Analysts

SCANDINAVIA STAF www.staf.nuSkandinaviens Tekniska Analytikers Frening

SINGAPORE TASS www.tass.org.sgTechnical Analysts Society (Singapore)

SOUTH AFRICA TASSA* www.tassa.org.zaTechnical Analysts Society of Southern Africa

SPAIN AEAT www.aeatonline.comAsociaci Espaola de Analistas Tcnicos

SWITZERLAND SAMT www.samt-org.chSwiss Association of Market Technicians

UNITED KINGDOM STA www.sta-uk.orgSociety of Technical Analysts Ltd.

UNITED ARAB EMIRATES MEA-MAwww.trzisnestudije.org

Middle East & Africa Association

USA TSAASF www.tsaasf.orgTechnical Securities Analysts Association

USA AAPTA www.aapta-us.orgAmerican Association of Professional Technical Analysts

* Developing

2010 Board of DirectorsChair Adam Sorab, CFTe, MSTA (STA)Email: [email protected]

Vice-Chair the Americas Timothy Bradley (TSAASF)Email: [email protected]

Vice-Chair Europe Maurizio Milano (SIAT)Email: [email protected]

Vice-Chair Asia Shigetoshi Haneda (NTAA)Email: [email protected]

Vice-Chair Middle East, Africa Ayman Waked CFTe, MFTA (ESTA)Email: [email protected]

Treasurer

Michael Steele (AAPTA)Email: [email protected]

Secretary Saleh Nasser, CMT (ESTA)Email: [email protected]

Education Director (Academic & Syllabus)Rolf Wetzer (SAMT)Email: [email protected]

Accreditation Director Roberto Vargas, CFTe (STA)Email: [email protected]

Exam Management Director Gregor Bauer, Ph.D. (VTAD)Email: [email protected]

Journal Director Regina Meani, CTFe (STA, ATAA)Email: [email protected]

Membership & New Development DirectorLarry Lovrencic, CFTe (ATAA)Email: [email protected]

Conference DirectorElaine Knuth (SAMT) (Immediate Past IFTA Chair)Email: [email protected]

DIRECTORS AT LARGEGerald Butrimovitz, Ph.D. (TSAASF)Email: [email protected]

Julius de Kempenaer (DCTA)Email: [email protected]

Vronique Lashinski, CMT (AAPTA)Email: [email protected]

Marc Michiels (AEAT)Email: [email protected]

Hiroshi Okamoto, MFTA (NTAA)Email: [email protected]

Peter Pontikis (STANZ)Email: [email protected]

Antonella Sabatini (SIAT & SAMT)Email: [email protected]

Max von Liechtenstein (STAF)Email: [email protected]

Wang Tao (TASS)Email: [email protected]

IFTA HEADQUARTERSInternational Federation of Technical Analysts9707 Key West Avenue, Suite 100Rockville, MD 20850 USA

Phone: +1 240-404-6508Fax: +1 301-990-9771Email: [email protected]

http://www.aaat.org.ar/http://www.taindia.org/http://www.taindia.org/http://www.aaat.org.ar/


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page 16

The IFTA Journal is collated by acommittee of IFTA colleagues. TheIFTA Journal is essential readingfor academics, students and prac-titioners of technical analysis in allarenas. It is an excellent referencesource for anyone interested in tech-nical analysis, containing a wealth ofresource material.

Credibility and RecognitionThe IFTA Journal is the only inter-national journal of technical analysiswith original contributions from allcontinents covering developments intechnical analysis in global markets.The Journal reaches leading practi-tioners and students of TA through-out the world.

Bound in book form, the IFTAJournal is a major professionalresource. Its archival online publica-tion on the IFTA web site will makeyour original work available as afuture resource to the worldwide

community of technical analysts. The2011 edition will be published with10,000 copies for global distribution.

TopicsIFTA is seeking papers that coverdevelopments impacting eitherdirectly or indirectly on the eld oftechnical analysis; they may be drawnfrom such areas as:

Basic market analysis techniques

Indicatorssentiment, volume

analysis, momentum, etc.Global and intra-global TAStyles of TADataThe changing role of TA in theinvestment community.

We would especially like to see con-tributions that draw from areas notpreviously examined, and/or topicstangential to technical analysis.

The above list is just a guide andshould in no way be consideredrestrictive. We wish to make theJournal open to new and innovativeideas from all areas of TA and thosethat connect with it.

Submitting ContributionsRegistration and submission of con-tributions is via the web atwww.ifta.org, or by email tothe editor, Regina Meani, [email protected].

LanguageContributions must be submittedin English with British grammarrequired.

Writing StylePapers should be written in a Thesisstyle and a guide can be found in thefollowing link: http://www.cse.unsw.edu.au/~gernot/style-guide.html

ReferencingAll texts referred to in the papermust be appropriately referencedwith a Bibliography and Endnotes.(Footnotes will not be accepted.)Responsibility for the accuracy ofreferences and quotations is theauthors. We expect these to bechecked thoroughly by the authorbefore submission. All referencesare to be included as endnotes. Noseparate list of references or bibliog-raphy should be provided.

Figures, Charts and TablesIllustrations and charts must bereferred to by Figure Number andsource (when applicable). Tablesmust be referred to by Table Numberand source.

Length Of ContributionPapers should be approximately1200 to 3000 words, with supportinggraphs and charts.

FormatWe ask for submission in MS Wordor other text format. PDF format willnot be accepted. Charts and graphsmay be in gif or jpeg, but we askthat authors also keep a tif formatin case it is required for printingpurposes. An Excel spreadsheet sup-porting your submission may also besubmitted.

Editorial TimelineJanuary 2010 Call for papers

distributed

May 31 Close for allsubmissions

May 31 Papers distributedfor review

July 30 Reviewerscomments returnedto editor

August 15 Notication ofacceptance/rejection

August 29 Submission toprinter

October 2010 Print Publicationand worldwidedistribution

April 2009 Web Publication

Licenses And CopyrightWe require all submissions toinclude the authors signature on thePublication Agreement at the endof this document. (See Publication

Agreement.)

We may publish on a website. Werequire that you place your submis-sion under the Creative CommonsAttribution-NonCommercial 3.0(http://creativecommons.org/licenses/by/3.0/).

Unless another license is noted, wewill assume that your contribution isunder this license.

CALL FOR SUBMISSIONS for the 2011 IFTA Journal
mailto:[email protected]://www.cse.unsw.edu.au/~gernot/style-guide.htmlhttp://www.cse.unsw.edu.au/~gernot/style-guide.htmlhttp://www.cse.unsw.edu.au/~gernot/style-guide.htmlhttp://creativecommons.org/licenses/by/3.0/http://creativecommons.org/licenses/by/3.0/http://creativecommons.org/licenses/by/3.0/http://www.cse.unsw.edu.au/~gernot/style-guide.htmlmailto:[email protected]


17/18

Selecton Of ContributionsContributions are selected basedon their content by the IFTA Journal Editorial Committee. Please under-stand that we cannot accept all con-tributions. Depending on the numberand quality of the submissions andthe Editors ndings, selections arenot negotiable.

RemunerationThe International Federation ofTechnical Analysts is organised andoperated by volunteers and sup-ported by its members. We ask youto understand that we will not beable to pay for contributions.

QuestionsFor more information, please contact

[email protected] .

The following is an agreement between

author(s) and the International Federation of TechnicalAnalysts, Inc., concerning

a work written by the author(s).

Authors Grant of RightsThe author(s) grants to the publisher exclusive rstpublication rights in the work, and further grants anon-exclusive license for other uses of the work for theduration of its copyright in all languages, throughout theworld, in all media.

The publisher agrees to publish the article in the IFTAJournal .

The publisher shall include a notice in the work statingCopyright [author(s)s name(s)]. Readers of the article maycopy it without the copyright owners permission only if theauthor(s) and publisher are acknowledged in the copy, andcopy is used for educational, not-for-prot purposes.

Author(s)s Ownership of CopyrightCopyright in the work remains with the author(s).

Warranty of AuthorshipThe author(s) warrants to the publisher that the articleis original and that he/she is/are the sole author(s) and

has the full power to make this agreement. The author(s)indemnies the publisher against any losses and otherexpenses, including reasonable attorneys fees, afternal judgment of any claim or action against any of all ofthese warranties.

Author(s) name(s)

Author(s) signature(s) Date

[Upon acceptance, please fax or email completedPublication Agreement to: IFTA Headquarters,(fax) +1 301-990-9771 or (email) [email protected] ]

Publication Agreement

Call for submissions continued

mailto:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]://creativecommons.org/licenses/by/3.0/http://creativecommons.org/licenses/by/3.0/


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page 18

IFTA JOURNAL 2011 RATE CARDEditorial and Readership Prole

The annual IFTA Journal publishesoriginal, well-documented papers andarticles on a diverse range of topicsrelated to the technical analysis ofnancial and commodity markets.The Journal provides colleagues andinterested persons with continuingeducation in Technical Analysis (TA).The broad editorial content helpscolleagues remain informed of thedevelopments and leading body ofwork in Technical Analysis.

The IFTA Journal is the only international journal of technical analysis reachinga global audience of interested anddedicated practitioners of TA throughout

the nancial community. It is receivedand read by Analysts, Fund Managers,Financial Writers and other decisionmakers throughout the internationalnancial industry.

The IFTA Journal is the key printpublication distributed worldwide to over7000 IFTA colleagues and delegates atthe yearly IFTA International Conference.

At selected meetings and seminars,the IFTA Journal will be promoted anddistributed, building awareness, visibilityand providing extra exposure for yourmessage.

Circulation and Readership

Total Circulation 10,000 (ca. 7000through paidmembership dues)

Coverage Worldwide

Readership served Institutional Analysts,Account Mangers,Fund Managers,Investors andStudents

Publication Schedule Fall 2010

Editorial Committee and Staff Editor in Chief Regina Meani

Editor Michael Samerskis

Editor Peter Pontikis

Editor Mark Brownlow

S ff Li d B i h

Organizational AfliationInternational Federationof Technical Analysts, Inc.9707 Key West Avenue, Suite 100

Rockville, MD 20850 USATelephone +1 (240) 404-6508Email [email protected]

Advertising Rates (pricing in USD)

Full Pageh 280mm x w 215mm $ 1,200.00

2/3 pageh 162mm x w 175mm $1,056.00

1/2 pageh 120mm x w 175mm $823.00

1/3 pageh 79mm x w 175mm $545.00

1/4 pageh 88mm x w 114mm $300.00

Preferred Position Rates

Backcover (cover 4) $1,800.00

Inside back (cover 3) $1,500.00Inside front (cover 2) $1,300.00

2011 Issue Submission Closing Date

May 29, 2010

Material SpecicationsThe artwork should be supplied as a hi-res PDF if possible. All PDFs submittedmust contain 300 dpi hi-res images inCMYK mode and include all fonts. Ifthis is not possible we may be able totake the following le formats but youwill need to send all associated les andfonts. QuarkXPress , Adobe Illustrator ,Adobe Photoshop , Adobe InDesign .

Mac or PC formats on above applicationsaccepted. Do not submit your ad createdin any of the Microsoft Ofce products(Word, PowerPoint, Excel), Publisher,Corel Draw or Multi Ad Creator.

Tiffs and JPGs (no compression) are alsoaccepted but quality is generally lowerunless the le is 450dpi at 100%.

PrintingPerfect binding Journal/Book Format,8.5 x 11, 80# gloss weight. AqueousC i (Thi i l

based coating that adds a high glossnish and additional protection to theJournal , and will give your printedadvertisement a richer look.)

General InformationPrinciples Governing Advertising in theIFTA Journal

These principles, developed jointlyby the editorial committee of IFTA,are applied by the InternationalFederation of Technical Analysts (IFTA)to ensure adherence to the highestethical standards of advertising and todetermine the eligibility of products andservices for advertising in IFTA print andelectronic publications.

As a matter of policy, IFTA will selladvertising space in its publication whenthe inclusion of adverting does notinterfere with the mission or objectivesof IFTA.

The appearance of advertising in IFTApublications is neither a guarantee nor anendorsement by IFTA.

Advertising Acceptance PolicyAll advertisements must be submitted inwriting. Advertising is subject to approvalby IFTA. All advertisements must be

non-discriminatory and comply with allapplicable laws and regulations. IFTAreserves the right to decline, withdrawand or copy edit at our discretion. Everycare is taken to avoid mistakes, butresponsibility cannot be accepted forclerical or printers error.

PaymentPrepayment by check, credit card (Visa,Master Card) or wire transfer is requiredfor all ads. Bank details will be providedto you upon request.

Cancellation and ChangesWe will send out an acknowledgementconrming your order. You will berequired to check that your ad andscheduling are correct. Any changes,cancellations or corrections must becommunicated to IFTA in writing, by fax,e-mail or mail, prior to the submissionclosing date.

Orders, Materials & PaymentPlease send all orders, materials,payments and related communications toIFTA h dd b

Documents

d_ifta_update_(vol17-iss1-10).pdf