Technical trading rules in emerging markets and the 1997 Asian currency crises

Michael D. McKenzie*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

28 Citations (Scopus)

Abstract

The ability of simple technical trading rules to forecast future stock market movements is considered for seventeen emerging markets, sampled from January 1986 to September 2003. Some of the trading rules considered generated significant returns; this information could be exploited profitably on occasion. Market conditions and trading volume are found to be important to determining the usefulness of technical trading rules.

Original languageEnglish
Pages (from-to)46-73
Number of pages28
JournalEmerging Markets Finance and Trade
Volume43
Issue number4
DOIs
Publication statusPublished - Jul 2007

Keywords

  • Emerging markets
  • Stock market predictability
  • Technical trading strategies

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