Trend Forecasting with Intermarket Analysis: Predicting Global Markets with Technical Analysis
In this groundbreaking new edition, Mendelsohn gives you the weapon to conquer the limitations of traditional technical trading—intermarket analysis.To compete in today's rapidly changing economy,you need a method that can identify reoccurring patterns within individual financial markets and between related global markets. You need tools that lead, not lag. Step by step, Mendelsohn shows how combining technical, fundamental, and intermarket analysis into one powerful framework can give you an early edge to accurately forecast trends. Inside, you'll discover:Precise trading strategies that can be used by both day traders and position tradersThe limitations of traditional technical analysis methods—and how to overcome themHow neural network computational modeling can create leading, not lagging, technical indicators for more accurate forecastingInnovative, quantitative trend forecasting indicators at the cutting edge of market analysisThis book includes an introduction to VantagePoint Software, which makes Mendelsohn's "new economy" trading methods work simply—and effectively. This software applies the pattern-recognition capabilities of advanced neural networks to analyze intermarket data on literally thousands of global financial markets each day.