Letter from the Editor
We are again presenting only a few articles in this month’s newsletter. MTA members are among the leading technicians doing great research and we are featuring a few samples of the work being done. In coming months, we hope to continue highlighting this type of original work. As always, if you’d like to share your work with your colleagues, please send it to us at firstname.lastname@example.org.
In “An Interesting Application of Neural Nets,” we highlight how Parallax Financial Research is using neural networks to develop a complete investment methodology. Their combination of fundamental and technical inputs has resulted in a long-term winning strategy.
Robin Carpenter presents a detailed analysis and thought-provoking piece on VIX, challenging the standard interpretation of this widely used indicator.
Short-term traders will be interested in “Candlestick Kicker Signal = Powerful Profits” by Stephen W. Bigalow. While candlesticks are widely used, this article offers a fresh insight into the patterns.
“Individual Monthly Charts for The 1924 to 1935 Period” is a partial reprint of a Safian Investment Research piece. The collection of charts and brief commentary are well worth reading for anyone trading today’s markets. Mark Twain is believed to have said, “History doesn’t repeat itself – at best it sometimes rhymes.” Traders need to study history so that they can benefit from the repetitive patterns often found in the market, and Safian’s piece is a valuable collection of market history.
We hope you find this collection of papers to be useful.
Mike Carr, CMT
An Interesting Application of Neural Netsby Michael Carr, CMT
Neural networks have been around for a long time, and many traders use them to find buys in the markets. In simple terms, neural networks are a mathematical modeling tool that tries to predict the...
A New View of VIXby Robin Carpenter
This paper describes material originally distributed but not discussed at Fraser Management’s Contrary Opinion Forum of 2009. It presents a contrarian view of the meaning embedded in option-implied...
Candlestick Kicker Signal = Powerful Profitsby Stephen W. Bigalow
This article was originally published at http://www.candlestickforum.com/ and is reprinted with the permission of the author. Do you chase a stock that is already up 12% on the day? What do you do...
Individual Monthly Charts for The 1924 to 1935 Periodby Ken Safian
Earlier this year, Safian Investment Research, Inc., reissued this historical report with a new introduction. We are fortunate to be able to reprint some of that report below, and urge anyone with an...
A Fundraising Reception in celebration of the Opening of the MTAEF/MTA Library at Baruch Collegeby Bruce Kamich, CMT
With almost $17,000 raised for the Market Technicians Association Educational Foundation (MTAEF) with winning bidders from as far away as Kuwait and all across the United States this first of its...
MTA Educational Web Series – New Additions, Archives, and Upcoming Schedule! Registration is now open for the following upcoming presentations of the FREE MTA Educational Web Series. Sign Up...
New Educational Content This Month
October 22, 2021
Systematic Multiple Time Frame Investing
Presenter(s): Bill Kelleher, CMT, CFA
October 20, 2021
Volume Analysis Series (Part 3): Volume Analysis with Indexes
Presenter(s): Buff Dormeier, CMT
October 13, 2021
Understanding Market Internals to Identify Turning Points
Presenter(s): Mike Hurley, CMT