Forex Trading Using Intermarket Analysis

Trading edUCaTion
Many people get into trading with only a vague notion about how to 
analyze markets, how to trade them successfully, how to assess risk/
return in trading, and many other factors that trading involves. With 
today’s more volatile and erratic markets, education and information 
are even more important for successful trading in the future, and trad-
ers need to go to web sites such as www.TradingEducation.com for 
valuable assistance and free information on trading (see also the list of 
important web sites on page 97).
addiTional FaCTors aFFeCTing 
sUCCess
Even if traders take the Synergistic Market Analysis approach, myriad 
additional factors can affect their chances for trading success. These 
include mass psychology, judgment, trading experience, risk propen-
sity, fear, greed, and amount of risk capital available. It is probably 
not possible to predict the trend direction of financial markets with 
more than perhaps 80% accuracy, due to randomness and unpredict-
able events, as well as the difficulty of developing effective forecast-
ing tools. I am, nevertheless, determined to continue my research to 
push the forecast accuracy envelope as far as it will go; this has been 
my intellectual passion for the past several decades and continues to 
excite me. Fortunately, now, I am no longer a one-man research shop 
since forming the Predictive Technologies Group years ago, which 
is comprised of a team of analysts, researchers, and programmers, 
including Ph.D.s who can read books on neural networks as light 
bedtime reading. 

---

91
ForeX trading using interMarket anaLysis
I hope that this book will help traders become more aware of the 
implications that the globalization of the financial markets has on 
forex trading. By broadening their perspective to include intermarket 
analysis and various forecasting techniques that have been outlined 
in this book, I am confident that traders will be able to improve their 
trading performance by gaining more self-confidence to make better 
trading decisions, whether trading only the forex market or also trading 
equities, options, or futures.

---

---