Technical Analysis in the Foreign Exchange Market: A Layman's Guide
- Neely, Christopher J. (Federal Reserve Bank of St. Louis)
- Version 1 (Subtitle)
AbstractEconomists have traditionally been skeptical of the value of technical analysis, the use of past price behavior to guide trading decisions in asset markets. Instead, they have relied on the logic of the efficient markets hypothesis. This research briefly explains the fundamentals of technical analysis and the efficient markets hypothesis as applied to the foreign exchange market, evaluates the profitability of simple trading rules, and reviews recent ideas that might justify extrapolative technical analysis.
Table of Contents
- DS1: Dataset
(1) The file submitted is SO97DPGN.ZIP, which unzips to data and program files, along with a README file. (2) These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.
- 1177 (Type: ICPSR Study Number)
Neely, Christopher J.. Technical analysis in the foreign exchange market: A layman's guide. Federal Reserve Bank of St. Louis Review.79, (5), 23-38.1997.
Update Metadata: 2015-08-05 | Issue Number: 6 | Registration Date: 2015-06-15