Journal of Finance Vol. 48 No. 5 1993
Profit-Making Speculation in Foreign Exchange Markets.
Abstract
Previous studies of technical analysis statistical tests of risk-adjusted profits from trading rules - the X-test selected trading rules equally-weighted portfolios of currencies, with rules tailored for each currency variably-weighted portfolios of currencies, with rules tailored for each currency speculating on indexes of currencies speculating with a portfolio upgrade approach comparing the performances of technical trading strategies the stability of speculative profits implications for the theory and practice of financial economics implications for policymakers.
- DOI
- 10.2307/2329085
- Volume
- 48
- Issue
- 5
- Pages
- 2044
- Sources
- openalex crossref