Stocks & Commodities V. 39:06 (20–25): The End-Of-The-Month Effect On The “Cable” by Luca Giusti

Stocks & Commodities V. 39:06 (20–25): The End-Of-The-Month Effect On The “Cable” by Luca Giusti
Item# V39C06_255GIUS
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The End-Of-The-Month Effect On The “Cable” by Luca Giusti

Here’s an example of observing a pattern in the market, programming it into an algorithm, analyzing the results, and capitalizing on it in your trading account—in short, what we as technical traders seek to do.

Traders commonly look for trading ideas by looking for patterns. When we analyze the historical price series for the currency pair GBPUSD (commonly known as the “cable”), we observe that in the last few days of the month, the cable tends to rise, while in the first days of the following month, it tends to fall ...




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