Letter from the Editor
This month’s newsletter contains a variety of information and we hope find some of it to be useful in your pursuit of profits in the markets.
As traders, we often get caught up in small stuff and forget about the big picture – knowing when news will move markets is critical to success. In Forex, economic data represents the fundamental inputs that traders should be aware of. We reprint an article from the Online Trading Academy web site describing some of the more important indicators which can drive stocks, bonds, and Forex prices.
In stocks, fundamentals are commonly thought of as ratios. Crestmont Research recently completed a report on the P/E ratio and their detailed study includes a chart which shows that P/E ratios have been range bound for decades. Enterprising technical analysts may consider applying indicators to this data to forecast long-term trends.
We also added a feature last month that allows you to prepare the newsletter for printing in its entirety with a single click. Please let us know if you have any suggestions for additional improvements.
Mike Carr, CMT
Letter from the Executive Director
As a result of accumulated customer survey information and discussions with our membership, we realize that the education a person can receive in the field of technical analysis is one of the key...
The P/E Report: Quarterly Review of the Price/Earnings Ratioby Ed Easterling
Notes: adjusted using the methodology popularized by Robert Shiller (Yale; Irrational Exuberance), as modified for quarterly data based upon historical relationship of EPS and GDP as described in...
MTA at the New York Traders Expoby Kimberly Sokoloff, CMT
I had the pleasure of working the MTA booth at the 2009 Trader’s Expo, which was a great experience. I recommend it to all MTA members. While it was my first show, it was well attended considering...
Essentials of Foreign Exchange Trading by James Chen, CTA, CMTby James Chen, CMT, CTA & Michael Carr, CMT
Foreign exchange trading is largely driven by technical analysis, and in this short book Chen offers insights into the markets, trading strategies, and details on the mechanics of forex trading. The...
Elliott Wave Analysis of Indian Equity Marketsby Ashish Kyal, CMT
We are going through some of the most unpredictable economic times in history across the globe. It is truly an inspiration to see the entire world coming together to fight against what we have now...
Economic Indicatorsby Online Trading Academy
Economic Indicators are valuable and reliable reports that are assembled by the Government, Universities and the private sectors of business. They measure the economic health of our overall economy....
Uptick Rule: A Clear Illustration That It Favors the Bullsby Christopher Gurkovic, CMT
On February 25, 2009 FRB chairmen Ben Bernanke mentioned the possibility of reinstating the uptick rule. I thought this would be a good opportunity to revisit the previous articles I wrote in...
Trading Forexby Michael Carr, CMT
Technical analysis works in any freely traded market. Legend has it that technical analysis has been employed for centuries in the commodities markets for hundreds of years, since the days when...
Honor Our Own! Support the MTA/MTAEF Library Fundby Bruce Kamich, CMT
Did you know that Baruch College is among the top 10 percent of US colleges according to the 2009 edition of the Princeton Review’s popular annual guide to undergraduate colleges and is the...
CMT Level 3 Exam – REGISTRATION CLOSES FRIDAY! Registration for the CMT Level 3 Exam closes this Friday, April 3rd. Sign up today! For detailed instructions on how you can register online,...
New Educational Content This Month
November 22, 2023
Utilizing Trend & Mean Reversion in Breadth Studies to Gauge Market Conditions
Presenter(s): Victor Riesco
November 18, 2023
Beating the Bench
Presenter(s): Scott Brown, CMT
October 25, 2023
Equity Risk & Potential – Q4, ’24 & Beyond
Presenter(s): Timothy Hayes, CMT