IntroductionMany programs of technical analysis allow to test trading strategies on history data. In the most cases, the testing is conducted on already completed data without any attempts to model the trends within a price bar. It was made quickly, but not precisely enough. It is important to choose a relevant way of modeling development of price bars to make a quality testing of a trading strategy. Indeed, there cannot exist an ideal situation when there is a full tick history for an extremely accurate testing. It is very difficult for a normal trader to find the full tick history for a period of several years, in order to analize it. To solve this problem, the data of more precise periods can be used as reference points with modeling price changes between them. |
| Forex Market Books |
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The Forex books that are presented in this section cover the general aspects of Forex and financial trading. They provide the information that is interesting not only to the Forex beginners but also to the experienced Forex traders that want to learn something new or to maintain a proper structure of their knowledge of the Forex market. Screen Information, Trader Activity, and Bid-Ask Spreads in a Limit Order Market — An in-depth work on a Limit Order Market by Mark Coppejans and Ian Domowitz. Strategic experimentation in a dealership market — by Massimo Massa and Andrei Simonov. Limit Orders, Depth, and Volatility — by Hee-Joon Ahna, Kee-Hong Baeb and Kalok Chan. Reminiscences of a Stock Operator — the best of the best book on financial trading by Edwin Lefevre. Market Profile Basics — by Jayanthi Gopalakrishnan. Quote Setting and Price Formation in an Order Driven Market — by Puneet Handa, Robert Schwartz and Ashish Tiwari. Phantom of the Pits — General thoughts and opinions on trading and market by Arthur L. Simpson. An Introduction to Market Profile and a User's Guide to Capital Flow Software — by J. Peter Steidlmayer and Ted Hearne. The Effect of Tick Size on Volatility, Trader Behavior, and Market Quality — by Tavy Ronen and Daniel G. Weaver. Trading as a Business — by unknown author. What Moves the Currency Market? — by Kathy Lien - Find out which economic factors help shape the short-term and long-term forex landscape. |
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