Donald Trump won the US Presidential election promising to ‘make America great again’. Markets and investors took him at his word, hoovering up the US dollar and selling the most vulnerable – the Canadian dollar and Mexican peso – hard. […]
We all know that the prime mover of technical analysis is a time series analysis of market prices, sometimes labelled as ‘descriptive statistics’ by statisticians. They then call all further analysis based on this data ‘inductive statistics’ which include forecasts, generalisations, and extrapolations.
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