Moneta e Credito (Oct 2013)
L'analisi tecnica dei mercati valutari ha una redditività persistente?
Abstract
The effect of technical analyses on the performance of subsequent policies and actions in the foreign exchange markets is analysed using three cases. Results show that use of technical analyses is persistently profitable. Participants, however, tend to view short-term market risk as important and thus decide to forego some of the rules derived from technical analysis. This observation does not negate the theory on efficient learning. JEL Codes: F31
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