Exploiting the edge from historical market patterns
Sunday, May 06, 2007
More on What's Been Carrying the Market Higher
Weak dollar/yen (chart below); strong stock market (chart above). So far stocks have benefited from the weak dollar, and that's been supportive of the yen carry trade. That continues to be an intermarket relationship worth tracking closely.
Author of The Psychology of Trading (Wiley, 2003), Enhancing Trader Performance (Wiley, 2006), The Daily Trading Coach (Wiley, 2009), Trading Psychology 2.0 (Wiley, 2015), The Art and Science of Brief Psychotherapies (APPI, 2018) and Radical Renewal (2019) with an interest in using historical patterns in markets to find a trading edge. Currently writing a book on performance psychology and spirituality. As a performance coach for portfolio managers and traders at financial organizations, I am also interested in performance enhancement among traders, drawing upon research from expert performers in various fields. I took a leave from blogging starting May, 2010 due to my role at a global macro hedge fund. Blogging resumed in February, 2014.