Mohamed El Saiid, CFTe, MFTA

Profile

Mohamed El Saiid, CFTe, MFTA, is currently an Executive Director and Head of the Technical Analysis department for HC Brokerage (HCB), Cairo, Egypt. Mohamed started his career working for Momentum Wavers, Ltd., a Middle East Technical Analysis firm (2001-2004). He joined HCB as an associate/lead technical analyst (2004-2006). Later he joined Unifund, a Geneva-based global private fund (2006-2007) as a Chief Technical Strategist/Co-Fund Manager to the Middle East investments. Mohamed holds an MBA in Finance and is currently the Chairman of the Egyptian Society for Technical Analysts (ESTA), as well as the IFTA Sponsorship Director and an IFTA Education Sub-Committee Member. Mohamed authored several TA-related articles and developed several indicators including the Volatility-Based Envelopes (VBE), the Implied Volatility Projection Range (IVPR) and Relative Performance Candlestick Charts (RPCC).

Presentation Abstract

The IVPR: Understanding the effects of volatility patterns on market dynamics

The derivatives market has grown significantly over the past decade, offering portfolio managers strategies to insure their portfolios against unforeseeable risks. This ultimately led to a stronger relationship between the underlying asset classes against their own volatilities as per implied by the derivatives market. With, the Chicago Board of Options Exchange (CBOE) as well as other financial institutions offering over 25 volatility indices to measure the market expectations of volatility, they are becoming widely accepted as barometers gauging investor sentiment-shifts. The Implied Volatility Projection Range (IVPR) extends the statistical and visual capability of these Implied volatility indices over their underlying assets in such a way so as to allow us to re-interpret the assets' price action and estimate some of its more probable future paths from a statistical/implied volatility standpoint.

Panel Discussion

Technical Analysis Education at Universities around the World: How is Technical analysis being taught at increasing numbers of universities around the world?