prospecting for untapped and under tapped markets

... l u at i o n understand all the factors that affect releases of economic numbers Over time and through experience, however, you will start to understand these pieces of the puzzle and the way ... country’s economy is, the more demand there is for stocks and other investments denominated in that currency, the more pressure there is for higher interest rates, and the stronger the currency is ... there is room for higher interest rates created by demand for more money and thus a stronger currency If business activity is contracting, higher interest rates are a threat to commerce and interest...

Ngày tải lên: 20/06/2014, 23:20

... are the lines above and below the candle body and represent the high and low of the time period Figure 3-4 shows candles in black for a down candle and in white for an up candle 55 Mastering the ... direction and behavior and how individual candles and candle formations provide a good look at current price action and can help us in timing trades Now let’s tie the two together and study how ... individual candle or bar or even chart pattern without considering additional factors, such as whether this price behavior came on support or resistance For forex markets, we discount candles and formations...

Ngày tải lên: 20/06/2014, 23:20

... ago Dow and Hamilton felt that despite manipulations over the short term, major markets were too big to be controlled by anything other than the true underlying structure of supply and demand over ... 2000 and divided it into eighths and then extended those levels outward Note the importance of the 50 percent level in 2003, 2004, and 2005 and the importance of 0.625 (five-eighths) in 2007 and ... these tools are very powerful and will help us understand market direction and help define our choices as traders You should be starting to get a grasp of price behavior and direction on an individual...

Ngày tải lên: 20/06/2014, 23:20

... action in the forex markets over the last several years and the currency market’s reputation for trending behavior compared with other markets, the norm for these markets and most financial markets ... don’t understand what it means to trade without a directional bias, but the pros The forex dealers who take the other side of retail traders’ positions understand that markets move up and down and ... from which to analyze and trade markets (For this example we are using the monthly chart for the long term, the weekly chart for the intermediate term, and the daily chart for the short term.)...

Ngày tải lên: 20/06/2014, 23:20

... charts, coordinating time frames, identifying significant support and resistance and formations, and understanding the necessary overlays and indicators—is simple compared with holding one’s fire until ... his ground and not trading with the pack was amazing 245 Mastering the Currency Market We need to understand the importance of taking the time to learn before risking hard-earned money, and that ... have weaknesses and understand the emotions brought on by attachment, are able to learn from their mistakes and take direction much more easily than are people who want the spotlight and see themselves...

Ngày tải lên: 20/06/2014, 23:20

... releases Charts: Daily and weekly candlestick charts to select market and direction; 15-minute and 60-minute candlestick charts for the setup and signal Overlays: Horizontal support and resistance levels, ... support and resistance and trendlines, chart and candle formations, and technical indicators, at a glance, allowing you to focus on the most important steps in the trading process: the handful ... levels, trendlines, and appropriate pivot points Indicators: Stochastic (14, 3, 3) and MACD (26–12–9) Setup: Identify and record short-term trends on weekly and daily charts for the markets covered...

Ngày tải lên: 20/06/2014, 23:20

... triple bottom formations Head and shoulders top and bottom formations Rising and falling wedge formations A quick word on patterns before we cover them individually: A price pattern or formation ... 2006-2007 that lasted for over a year and a half Cup and Handle The cup and handle (Figure 6-10) is a bullish continuation pattern that is named for its resemblance to a teacup with a handle The cup ... late April before falling off for good Head and Shoulders Tops and Bottoms Similar to triple bottoms and tops, head and shoulders bottoms and tops are long-term reversal patterns or formations...

Ngày tải lên: 22/06/2014, 12:20

... ago Dow and Hamilton felt that despite manipulations over the short term, major markets were too big to be controlled by anything other than the true underlying structure of supply and demand over ... 2000 and divided it into eighths and then extended those levels outward Note the importance of the 50 percent level in 2003, 2004, and 2005 and the importance of 0.625 (five-eighths) in 2007 and ... these tools are very powerful and will help us understand market direction and help define our choices as traders You should be starting to get a grasp of price behavior and direction on an individual...

Ngày tải lên: 22/06/2014, 12:20

... charts, coordinating time frames, identifying significant support and resistance and formations, and understanding the necessary overlays and indicators—is simple compared with holding one’s fire until ... his ground and not trading with the pack was amazing 245 Mastering the Currency Market We need to understand the importance of taking the time to learn before risking hard-earned money, and that ... have weaknesses and understand the emotions brought on by attachment, are able to learn from their mistakes and take direction much more easily than are people who want the spotlight and see themselves...

Ngày tải lên: 22/06/2014, 12:20

... are the lines above and below the candle body and represent the high and low of the time period Figure 3-4 shows candles in black for a down candle and in white for an up candle 55 Mastering the ... direction and behavior and how individual candles and candle formations provide a good look at current price action and can help us in timing trades Now let’s tie the two together and study how ... individual candle or bar or even chart pattern without considering additional factors, such as whether this price behavior came on support or resistance For forex markets, we discount candles and formations...

Ngày tải lên: 22/06/2014, 17:20

... for a down move and bottom to top for an up move and marking the Fibonacci levels that are deemed significant Most analysts and traders use 0.382, 0.5, and 0.618, and some include 21 percent and ... Wait for Candle to Close above the Trendline 98 S u p p o rt a n d R e s i s ta n c e wait for the close of the candle before entering a trade As technical analysts we must be as flexible as the markets ... simple rough -and- ready 100 S u p p o rt a n d R e s i s ta n c e calculation that is used to determine underlying strength and weakness and provide potential support and resistance levels for a specific...

Ngày tải lên: 22/06/2014, 17:20

... triple bottom formations Head and shoulders top and bottom formations Rising and falling wedge formations A quick word on patterns before we cover them individually: A price pattern or formation ... 2006-2007 that lasted for over a year and a half Cup and Handle The cup and handle (Figure 6-10) is a bullish continuation pattern that is named for its resemblance to a teacup with a handle The cup ... late April before falling off for good Head and Shoulders Tops and Bottoms Similar to triple bottoms and tops, head and shoulders bottoms and tops are long-term reversal patterns or formations...

Ngày tải lên: 22/06/2014, 17:20

... just before a powerful reversal and rally The pattern-recognition techniques we’ve outlined can come in handy in analyzing and trading the financial markets When taken in the context of the candlestick ... points or shifts in momentum and to keep us in a trend trade longer For countertrend trades we look for divergence between the MACD and/ or the MACD histogram and price Before entering a trade, we ... strength on the basis of the average net change of candles or bars for a specified period and plots it in a range between and 100 The formula for calculating RSI is RSI ϭ 100 - (100 / RS ϩ 1) where...

Ngày tải lên: 22/06/2014, 17:20

... ago Dow and Hamilton felt that despite manipulations over the short term, major markets were too big to be controlled by anything other than the true underlying structure of supply and demand over ... 2000 and divided it into eighths and then extended those levels outward Note the importance of the 50 percent level in 2003, 2004, and 2005 and the importance of 0.625 (five-eighths) in 2007 and ... these tools are very powerful and will help us understand market direction and help define our choices as traders You should be starting to get a grasp of price behavior and direction on an individual...

Ngày tải lên: 22/06/2014, 17:20

... action in the forex markets over the last several years and the currency market’s reputation for trending behavior compared with other markets, the norm for these markets and most financial markets ... don’t understand what it means to trade without a directional bias, but the pros The forex dealers who take the other side of retail traders’ positions understand that markets move up and down and ... from which to analyze and trade markets (For this example we are using the monthly chart for the long term, the weekly chart for the intermediate term, and the daily chart for the short term.)...

Ngày tải lên: 22/06/2014, 17:20

... charts, coordinating time frames, identifying significant support and resistance and formations, and understanding the necessary overlays and indicators—is simple compared with holding one’s fire until ... his ground and not trading with the pack was amazing 245 Mastering the Currency Market We need to understand the importance of taking the time to learn before risking hard-earned money, and that ... have weaknesses and understand the emotions brought on by attachment, are able to learn from their mistakes and take direction much more easily than are people who want the spotlight and see themselves...

Ngày tải lên: 22/06/2014, 17:20

... set, and thus extract most of the useful information for making decisions based on information from markets with large numbers of prices As Fotheringhame and Baddeley (1997) point out, if the underlying ... (1992); Lumsdaine and Papell (1997); Perron (1989); and Zivot and Andrews (1992)] Fortunately, for most financial time-series data such as share prices, nominal money supply, and gross domestic ... forecasting and empirical research relating to financial engineering 2.9 Conclusion This chapter has presented a variety of networks for forecasting, for dimensionality reduction, and for discrete...

Ngày tải lên: 21/06/2014, 07:20

... particular point forecasts Granger and Jeon (2002) have suggested “thick modeling” as a strategy for neural networks, particularly for forecasting The idea is simple and straightforward We should ... overall network forecast They call this forecast a thick model forecast We can also use this method for obtaining intervals for our forecasts of the network Granger and Jeon have pointed out an intriguing ... where SK( ) and KR( ), for skewness and kurtosis, are defined as follows: SK( ) = T KR( ) = T T i − σ i − σ t=1 T t=1 (4.12) (4.13) while and σ represent the estimated mean and standard deviation...

Ngày tải lên: 21/06/2014, 07:20

... also forecast out-of-sample well and make sense and add to our understanding of economic and financial markets 4.5.1 MATLAB Program Notes Many of the programs are available for web searches and ... predictions each period and to use a trimmed mean of the multiple network forecasts for a thick model network forecast For comparing the linear and thick model network forecasts, the root mean ... different speeds and show different volatilities for the same sets of shocks and same laws of motion For values y0 = or y0 = 1, of course, the process remains at zero, and for y0 < and y0 > 1, the...

Ngày tải lên: 21/06/2014, 07:20

... returns, σ The maturity parameter τ is set at unity for annual, 25 for quarterly, 125 for monthly, and 004 for daily horizons The basic Black-Sholes formula yields the price of a European option This ... chaos model), forecast onevar svjdmodel new1.m (for the stochastic volatility jump diffusion model), forecast onevar markovmodel new1.m (for the Markov regime switching model), and forecast onevar ... the theory and derivation of optionc pricing models The firm may also enter into a forward contract on foreign exchange markets While preventing loss due to a collapse of sterling, the forward contract...

Ngày tải lên: 21/06/2014, 07:20