Practitioners' tools in analysing financial markets evolution
In a chaotic and confusing place as world of investing is, the practitioners, who operate on markets every day, have continuously searched to forecast properly the market movements. More minded to financial speculations, practitioners analyse financial markets looking for potential weaknesses of the Efficient Market Hypothesis, and most of the times their methods are criticised by academics. This article intends to present the traditional tools used by traders and brokers in analysing financial markets, emphasizing on critical opinions and scientific works published on this argument by now.
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"On the complicated price dynamics of a simple one-dimensional discontinuous financial market model with heterogeneous interacting traders,"
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- Lui, Yu-Hon & Mole, David, 1998. "The use of fundamental and technical analyses by foreign exchange dealers: Hong Kong evidence," Journal of International Money and Finance, Elsevier, vol. 17(3), pages 535-545, June.
- Neftci, Salih N, 1991. "Naive Trading Rules in Financial Markets and Wiener-Kolmogorov Prediction Theory: A Study of "Technical Analysis."," The Journal of Business, University of Chicago Press, vol. 64(4), pages 549-71, October.
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