Contents:
Introduction | Main World Financial Markets | General Forex Market Data | Fundamental Analysis | Factors influencing the Exchange Rate | General Economical Questions and Banking System | Central Banks | Monetary Units | The Total Product (Gross Domestic Product-GDP) | Technical Analysis | Substantive Provisions | Classical Methods | Mathematical Methods | Fibonacci Numbers and Elliott Wave Theory | Stockjobbing Continue to download »
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Trend Day Finder Help Professor Seyhun studied stock market returns and risk for all months from 1926 through 1993 and for all trading days from 1963 through 1993 The index gained at an average annual rate of 11 83 for a cumulative return on 1 00 of 23 30 over 31 years If the best 90 trading days or 1 2 of the 7 802 trading days are set aside the annual return tumbles to 3 28 and the cumulative gain falls to 1 10 University of Michigan finance professor H Nejat Seyhun for Towneley Capital Management A trend day occurs when there is an expansion in the daily trading range and the open and close are near opposite extremes Linda Bradford Raschke professional trader Trend days open have little adverse movement then move strongly and close near the opposite extreme of the day s trading range They can have 3 or more times the open close point range of non trend day bars with
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