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小台chirly · 2022年04月09日

没找到知识点

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NO.PZ201601050100001302

问题如下:

Discuss how Murimi can use her technical skills to devise the strategy

选项:

解释:

In forming a market view on such turning points in future exchange rate movements (e.g., peaking in the US dollar) or timing-related position entry and exit points, market technicians follow three principles: (1) Historical price data can be helpful in projecting future movements, (2) historical price patterns have a tendency to repeat and identify profitable trade opportunities, and (3) technical analysis attempts to determine not where market prices should trade but where they will trade.

Thus, when devising a volatility strategy, Murimi can use her technical skills to time entry and exit points of positions. She can identify patterns in the historical price data on the US dollar, such as when it was overbought or oversold, meaning it has trended too far in one direction and is vulnerable to a trend reversal. She would appropriately position US dollar trades to maximize potential returns from volatility shifts that could be associated with US dollar exchange rate movements.

中文解析:

在对未来汇率变动的转折点(如美元见顶)或与时间相关的持仓进入和退出点形成市场观点时,市场技术人员遵循三个原则:(1)历史价格数据可以帮助预测未来的走势,(2)历史价格模式有一种倾向,即重复和确定有利可图的交易机会,(3)技术分析试图确定市场价格不应该交易在哪里,而是它们将交易在哪里。

因此,在设计波动策略时,Murimi可以使用她的技术技能来确定头寸的进入和退出点。她可以从美元的历史价格数据中识别出模式,比如美元何时处于超买或超卖状态,这意味着美元在一个方向上的趋势太过明显,很容易出现趋势逆转。她将适当调整美元交易头寸,以最大限度地利用可能与美元汇率变动相关的波动性变动带来的潜在回报。

老师请问这个知识点在哪里?

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Hertz_品职助教 · 2022年04月11日

嗨,爱思考的PZer你好:


同学你好~

这道题目考察到的技术分析法,在基础班讲义P55页,框架图P21页。

这道题目是今年协会新增的课后题,涉及了技术分析法,同时又是和波动率联系起来的。因为CFA体系中本身就不推崇技术分析,再加之它的考法和问题都不具有代表性,所以本题建议了解即可。

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NO.PZ201601050100001302 问题如下 scuss how Murimi cuse her technicskills to vise the strategy In forming a market view on suturning points in future exchange rate movements (e.g., peaking in the US llar) or timing-relateposition entry anexit points, market technicians follow three principles: (1) Historicprita chelpful in projecting future movements, (2) historicpripatterns have a tennto repeanintify profitable tra opportunities, an(3) technicanalysis attempts to termine not where market prices shoultra but where they will tra.Thus, when vising a volatility strategy, Murimi cuse her technicskills to time entry anexit points of positions. She cintify patterns in the historicprita on the US llar, suwhen it woverbought or oversol meaning it htrentoo fin one rection anis vulnerable to a trenreversal. She woulappropriately position US lltras to maximize potentireturns from volatility shifts thcoulassociatewith US llexchange rate movements. 中文解析在对未来汇率变动的转折点(如美元见顶)或与时间相关的持仓进入和退出点形成市场观点时,市场技术人员遵循三个原则:(1)历史价格数据可以帮助预测未来的走势,(2)历史价格模式有一种倾向,即重复和确定有利可图的交易机会,(3)技术分析试图确定市场价格不应该交易在哪里,而是它们将交易在哪里。因此,在设计波动策略时,Murimi可以使用她的技术技能来确定头寸的进入和退出点。她可以从美元的历史价格数据中识别出模式,比如美元何时处于超买或超卖状态,这意味着美元在一个方向上的趋势太过明显,很容易出现趋势逆转。她将适当调整美元交易头寸,以最大限度地利用可能与美元汇率变动相关的波动性变动带来的潜在回报。 技术分析三要素中的第三点(3)技术分析试图确定市场价格不应该交易在哪里,而是它们将交易在哪里。这个的意思能不能说成“不确定市场价格是否高估低估于fair value, 而是关注买卖价差和成交量“

2022-05-30 10:08 1 · 回答