Monday, November 9, 2009
Monday, November 2, 2009
Paper: Technical Analysis Around the World
"Technical analysis is not consistently profitable in the 49 countries..."
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1181367
Abstract:
Technical analysis is not consistently profitable in the 49 countries that comprise the Morgan Stanley Capital Index once data snooping bias is accounted for. There is some evidence that technical trading rules perform better in emerging markets than developed markets, which is consistent with the finding of previous studies that these markets are less efficient, but this result is not strong. While we cannot rule out the possibility that technical analysis compliments other market timing techniques or that trading rules we do not test are profitable, we do show that over 5,000 trading rules do not add value beyond what may be expected by chance when used in isolation.
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1181367
Technical Analysis Around the World
Abstract:
Technical analysis is not consistently profitable in the 49 countries that comprise the Morgan Stanley Capital Index once data snooping bias is accounted for. There is some evidence that technical trading rules perform better in emerging markets than developed markets, which is consistent with the finding of previous studies that these markets are less efficient, but this result is not strong. While we cannot rule out the possibility that technical analysis compliments other market timing techniques or that trading rules we do not test are profitable, we do show that over 5,000 trading rules do not add value beyond what may be expected by chance when used in isolation.
Keywords: Technical Analysis, Quantitative, Market Timing
YouTube: Technical Analysis walkthrough videos
Some guy going thru the technicals on a regular basis. Unsure of his success rate and/or qualifications. Interesting...
http://www.youtube.com/user/Daytradervideos
http://www.youtube.com/user/Daytradervideos
PDF: Technical Analysis Plain and Simple 3rd Edition (2010)
Download the eBook as a PDF

http://www.filedownloadfull.com/forums/f7/technical-analysis-plain-simple-charting-markets-934961/
Also, as a general reference site, there's a whole bunch of eBooks available for download here:
http://www.filedownloadfull.com/forums/f7/
http://www.filedownloadfull.com/forums/f7/technical-analysis-plain-simple-charting-markets-934961/
Also, as a general reference site, there's a whole bunch of eBooks available for download here:
http://www.filedownloadfull.com/forums/f7/
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