Forex Trading Using Intermarket Analysis
$12.30
Forex Trading Using Intermarket Analysis: Discovering Hidden Market Relationships That Provide Early Clues for Price Direction presents a structured approach to analyzing foreign exchange markets through the relationships between currencies and other global financial markets. Louis B. Mendelsohn argues that forex cannot be evaluated effectively as an isolated market because currency values are influenced by interest rates, stock indexes, commodities, economic conditions, and movements in other currency pairs.
The book begins with the structure and mechanics of forex trading, including major currency pairs, cash forex, currency futures, leverage, liquidity, and the fundamental economic reports that influence exchange rates. It then moves into technical analysis, examining chart-based methods, trends, moving averages, and the limitations of indicators that depend exclusively on historical data from a single market. Mendelsohn’s alternative is to use intermarket information to develop forward-looking indicators, particularly predicted moving averages.
The analytical framework becomes more quantitative as the book introduces neural networks for detecting nonlinear relationships and recurring patterns across multiple markets. VantagePoint Intermarket Analysis Software is used as an example of how price, volume, open interest, and related-market information can be processed to forecast short-term trend direction and price behavior. The methodology includes examining relationships among currencies, Treasury markets, equity indexes, gold, crude oil, and other markets that can influence a target forex pair.
The final chapters translate the framework into practical trading analysis. Mendelsohn introduces a continuous decision process incorporating fundamentals, broader market orientation, reaction, execution, and reassessment, while emphasizing confirmation from indicators based on different information sets. The concluding concept, Synergistic Market Analysis, integrates technical, intermarket, and fundamental analysis into a unified approach to forex forecasting and decision-making.
✅ What You’ll Learn
- Understand the structure of the forex market, major currency pairs, pips, leverage, liquidity, and principal trading venues.
- Identify major fundamental reports and monetary-policy factors that can influence currency prices.
- Apply conventional technical analysis concepts to forex while recognizing the limitations of single-market indicators.
- Understand how predicted moving averages attempt to provide earlier indications of trend changes than conventional moving averages.
- Analyze relationships between currencies and external markets such as interest rates, stock indexes, gold, and crude oil.
- Identify how intermarket relationships can provide additional confirmation or early indications of changing forex trends.
- Understand how neural networks can process multiple technical and intermarket inputs to identify hidden relationships and recurring patterns.
- Apply a structured decision process incorporating market context, technical evidence, risk considerations, and trade execution.
- Understand how technical, intermarket, and fundamental information can be combined through Synergistic Market Analysis.
💡 Key Benefits
- Provides a forex-specific framework for expanding analysis beyond isolated currency charts.
- Connects currency price behavior with broader movements in global financial and commodity markets.
- Explains the transition from lagging technical indicators toward forward-looking forecasting techniques.
- Introduces neural-network analysis without requiring the reader to develop mathematical models from first principles.
- Integrates market fundamentals, technical analysis, intermarket relationships, and quantitative forecasting within one analytical structure.
- Provides practical context for both shorter-term and position-based forex decision-making.
👤 Who This Book Is For
- Beginner to Intermediate forex traders seeking a structured introduction to currency markets and intermarket analysis.
- Day traders and position traders working with cash forex or currency futures.
- Technical traders who want to expand beyond conventional chart patterns and single-market indicators.
- Traders interested in quantitative forecasting, neural networks, predicted moving averages, and global market relationships.
📚 Table of Contents
- WHAT IS FOREX?
- THE FOREX MARKETPLACE
- FUNDAMENTALS AND FOREX
- APPLYING TECHNICAL ANALYSIS TO FOREX
- INTERMARKET ANALYSIS OF FOREX MARKETS
- USING NEURAL NETWORKS TO ANALY ZE FOREX
- TECHNICAL TACTICS FOR TRADING FOREX
- WAVE OF THE FUTURE: SYNERGISTIC MARKET ANALYSIS
Forex Trading Using Intermarket Analysis By Louis B. Mendelsohn
| Author(s) | |
|---|---|
| Product Type | Ebook |
| Format | |
| Skill Level | Beginner to Intermediate |
| Pages | 127 |
| Publication Year | 2006 |
| Delivery | Instant Download |
6 reviews for Forex Trading Using Intermarket Analysis
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Nasir Weiss (verified owner) –
This book describes very well how different trading strategies does not work thus leading reader to understanding that there is no chance to be a successful trader on his own unless he buys a software called “Vantage Point”. I believe every book has got something in it. However, the software is quite expensive and probably all the information about it one can find on the website without reading this book.
Liliana Woods (verified owner) –
I was interested in the concept of intermarket analysis after reading an article in Currency Trader Magazine by Barbara Rockefellar. Since I am always open to new ideas (new to me) this seems like a tool that could really add some valuable clues to my trading decision making process. I am VERY interested in the software that has been developed to help automate this process. I’m sure it’s not for everyone since everyone does not yet have a success attitude. But while one person will complain that he sells a product in the book, another person will put it into use and become wealthy, happy and fulfilled. This is the case with most everything in business and especially in trading. I consider this book a significant discovery for my own trading business.
Zariyah Deleon (verified owner) –
Save your money, this pamphlet is a sales pitch for an expensive software. Gosh, don’t you hate those “please-read-my-pamphlet-and-buy-my-software-please-please-please” books?
Zion Booth (verified owner) –
If you know nothing at all and I mean nothing about fx or trading in general, this book will give a very vague non useful description of some of the basics. Has no useful information about intermarket analysis and only 12 useless pages with useless diagrams half filling those pages about it. He does promote his own product for a full chapter though, spends more time on that than intermarket analysis. glad I bought that book NOT.
Travis Zuniga (verified owner) –
This book offers an excellent overview of the Forex markets and their interrelationships. I have read hundreds of explanations of the Forex markets, but Mendelsohn’s explanations go beyond the typical, mundane description of the currency markets on usually finds. He then goes on to describe, in a general way, how markets are interrelated and the kinds of markets that might inpact the currency markets. As I expected, the book never gets specific enough to describe how to build a predictive model or system. This should be viewed as a more elaborate brochure for the VantagePoint software that is sold by Mendelsohn’s company, Market Technologies, LLC. Still, there is enough new material that makes this a very worthwhile read. I also found that Mendelsohn’s writing style was excellent and concise; much better than most financial writers.
Lennox Gregory (verified owner) –
If I had read the author’s previous book, I wouldn’t have bothered with this one. If I had read the reviews of that book, I probably would have skipped this one.
Assuming you accept the author’s premise that intermarket analysis is something forex traders cannot do without, you might still have trouble accepting the solution: Buy Mendelsohn’s product, Vantage Point.
I went to the Vantage Point website. No price is given for the product, so I assume it costs a fortune. Maybe that’s not so bad if it’s really picking 70%+ winners on a regular basis. Still, even if I were won over by the sales pitches on the site and in this book, for all I know, the hundreds or thousands of dollars I spent on the Vantage Point software might eat up most of my profits.
I give the book three stars because it held my interest and didn’t cost too much. Of course, if you find the book truly worthless, then any price is too much. I give the book a mild recommendation, but if you don’t read it, you won’t miss much.