Trend Forecasting with Intermarket Analysis: Predicting Global Markets with Technical Analysis (Wiley Trading) - Softcover

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Louis B. Mendelsohn is a leading pioneer in developing trading software for personal computers. He was the first to introduce strategy back-testing in 1983. Several years later he introduced the first intermarket analysis software as the global economy was first emerging. In 1991 he released VantagePoint Software which applies neural network pattern recognition capabilities to global market data and makes highly accurate, short-term market forecasts using predictive technical indicators.

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Imagine the trading advantage you could enjoy if you could quantify the relationships among markets and employ intermarket analysis in the markets you trade. With this book, Mendelsohn continues to be at the fore-front of technical analysis. Jim Wyckoff, Senior Market Analyst, TraderPlanet.com

In this groundbreaking new edition, Mendelsohn gives you the weapon to conquer the limitations of traditional technical trading intermarket analysis. To compete in today s rapidly changing economy, you need a method that can identify reoccurring patterns within individual financial markets and between related global markets. You need tools that lead, not lag.

Step by step, Mendelsohn shows how combining technical, fundamental, and intermarket analysis into one powerful framework can give you an early edge to accurately forecast trends.

Inside, you ll discover:

• Precise trading strategies that can be used by both day traders and position traders.
• The limitations of traditional technical analysis methods and how to overcome them.
• How neural network computational modeling can create leading, not lagging, moving averages for more accurate forecasting.
• Innovative, quantitative trend forecasting indicators at the cutting edge of market analysis.

PLUS an introduction to VantagePoint Software, which makes Mendelsohn s new economy trading methods work simply and effectively. This software applies the pattern recognition capabilities of advanced neural networks to analyze intermarket data on literally hundreds of global financial markets each day.

Aus dem Klappentext

In this groundbreaking new edition, Mendelsohn gives you the weapon to conquer the limitations of traditional technical trading—intermarket analysis.

To compete in today's rapidly changing economy, you need a method that can identify reoccurring patterns within individual financial markets and between related global markets. You need tools that lead, not lag. Step by step, Mendelsohn shows how combining technical, fundamental, and intermarket analysis into one powerful framework can give you an early edge to accurately forecast trends. Inside, you'll discover:

• Precise trading strategies that can be used by both day traders and position traders
• The limitations of traditional technical analysis methods—and how to overcome them
• How neural network computational modeling can create leading, not lagging, technical indicators for more accurate forecasting
• Innovative, quantitative trend forecasting indicators at the cutting edge of market analysis

This book includes an introduction to VantagePoint Software, which makes Mendelsohn's "new economy" trading methods work simply—and effectively. This software applies the pattern-recognition capabilities of advanced neural networks to analyze intermarket data on literally thousands of global financial markets each day.