RT Journal Article SR Electronic T1 Is Technical Analysis Profitable for
Individual Currency Traders? JF The Journal of Portfolio Management FD Institutional Investor Journals SP 142 OP 150 DO 10.3905/jpm.2012.39.1.142 VO 39 IS 1 A1 Boris S. Abbey A1 John A. Doukas YR 2012 UL https://pm-research.com/content/39/1/142.abstract AB In this article, the authors examine whether technical currency  trading by individual currency traders is profitable. The results show technical analysis is negatively associated with performance. Furthermore, the technical trading model developed adequately describes the cross-section of returns for individual currency traders. This result arises because individual currency traders use well-known technical indicators to trade currencies, which implies that such currency traders suffer from reduced performance.TOPICS: Portfolio construction, interest-rate and currency swaps, technical analysis