The second part of the paper examined the activities of chartists and fundamentalists in foreign exchange markets. |
At that meeting of 10,000 working men the chartists were driven off the ground. |
The question is how long the chartists will stay bullish on the dollar. |
If prices are in a downtrend and open interest is on the rise, chartists know that new money is coming into the market, showing aggressive new short selling. |
It uses regime-switching models to capture the interaction of two different types of foreign exchange traders: chartists and fundamentalists. |
The issue of chartists versus fundamentalists-and which regime was dominant at different points in time-was essentially irrelevant. |