Harmonic Patterns in Forex Trading
| Thesis title: | Harmonic Patterns in Forex Trading |
|---|---|
| Author: | Nemček, Sebastian |
| Thesis type: | Diploma thesis |
| Supervisor: | Žilák, Pavel |
| Opponents: | Fičura, Milan |
| Thesis language: | English |
| Abstract: | This diploma thesis is committed to examination of validity of Harmonic Patterns in Forex trading. Scott Carney described existing and introduced new Harmonic Patterns in 1999 in his book Harmonic Trader. These patterns use the Fibonacci principle to analyze price action and to provide both bullish and bearish trading signals. The goal of this thesis is to find out whether harmonic trading strategy on selected pairs is profitable in FX market, which patterns are the most profitable and what is the success rate for the signals they provide. |
| Keywords: | FX trading; Forex; trading simulation; Fibonacci Principle; Technical Analysis; Harmonic Patterns |
| Thesis title: | Harmonické obrazce pri na menovom trhu |
|---|---|
| Author: | Nemček, Sebastian |
| Thesis type: | Diplomová práce |
| Supervisor: | Žilák, Pavel |
| Opponents: | Fičura, Milan |
| Thesis language: | English |
| Abstract: | Táto diplomová práca sa venuje skúmaniu validity harmonických obrazcov pri obchodovaní na menovom trhu. V roku 1999 Scott Carney vo svojej knihe Harmonic Trader popísal existujúce a predstavil nové harmonické obrazce. Tieto obrazce využívajú Fibonacciho princíp k analýze cenových pohybov a poskytujú medvedie a býčie obchodné signály. Cieľom tejto práce je zistiť, či je stratégia harmonického obchodovania na vybraných pároch v prostredí menového trhu zisková, ktoré obrazce sú najziskovejšie a aká je úspešnosť signálov ktoré poskytujú. |
| Keywords: | harmonické obrazce; technická analýza; Fibonacciho princíp; simulácia obchodovania; FX obchodovanie; Forex |
Information about study
| Study programme: | Finance a účetnictví/Finance |
|---|---|
| Type of study programme: | Magisterský studijní program |
| Assigned degree: | Ing. |
| Institutions assigning academic degree: | Vysoká škola ekonomická v Praze |
| Faculty: | Faculty of Finance and Accounting |
| Department: | Department of Banking and Insurance |
Information on submission and defense
| Date of assignment: | 22. 4. 2013 |
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| Date of submission: | 20. 12. 2013 |
| Date of defense: | 10. 6. 2014 |
| Identifier in the InSIS system: | https://insis.vse.cz/zp/42859/podrobnosti |