Thursday 21 May 2026
In-Person 5.30pm & Online 6.30pm (AWST)
Perth Chapter Hybrid Meeting (In person and On Line)
State Library of Western Australia
Geographe Room
25 Francis St, Perth
Meeting Agenda for Thursday 21st May 2026
5.30pm: Informal networking
6.15pm: Welcome and Announcements
6.20pm: Market Outlook – Julian Burridge
6.30pm: Online Presentation - Systematic Congruence: Making Discretionary Exits Repeatable - Mike Smith
Entries get all the attention — but your exit is where the edge actually lives. In this session we unpack a confluence-based approach to exits that most traders have never been shown: the principle of multiple independent signals agreeing before you act, rather than reacting to the first thing that moves.
We'll cover why confluence works, when it doesn't, and how the right pairings change depending on the strategy you're running — because exit logic for a breakout isn't exit logic for a mean-reversion trade. Get this match right and your equity curve starts to look very different.
Then we complete the picture with the response layer — partial close, Handbrake, MaxGiveBack — and how our NEW Sentinel's regime context tells you when to tighten the screws and when to give trades more room.
Session aim the facilitate discretionary exit judgement, expressed as rules, increase the likelihood of logical, systematic execution consistently.
Profile
Born in the UK but now Perth based and with almost 2 decades of experience trading financial markets across all instruments, and involvement in the training and coaching of traders since 2007, Mike Smith has a passion for finding new and innovative ways to help clients learn trading.
With a special interest in trading system development and the psychology and behavioural aspects of trading, over the last 2 years Mike has explored ways to unlock the potential of automated trading and runs an EA development programme, As a member of the ATAA, conference speaker and educational consultant, he always relishes the chance to share experiences and insights with others.
8.00 pm - After Meeting Dinner: Local Restaurant (Northbridge).
Next Meeting: Workshop Saturday 20th June
Hosted by: Gary Burton CFTe