Dr Osler’s early research focused on technical trading, which has long been standard operating procedure for most currency traders. Her research on the head-andshoulders pattern, one of the first rigorous tests of a visual chart pattern, showed that trading on this pattern is profitable in two of the major currencies, dollar-yen and dollar-DEM. She also showed that support and resistance levels from professional technical analysts have significant predictive power for major exchange rates. Additional research identifies order clustering as a potential source of the predictive power of these technical levels.

Dr Osler will be talking about some of her earlier as well as more recent research related to technical analysis and will explain her findings.