Michael McCarthy is Chief Market Strategist for CMC Markets Asia Pacific, where he is responsible for global and local market analysis, trading strategy, and client education.
McCarthy is a first and foremost a trader. A derivative specialist, he has managed money market books, conducted foreign exchange arbitrage, made markets in exchange traded options on the ASX trading floor, managed hybrid and convertible note portfolios, and traded a global share index swap book, for global financial institutions such as ABN Amro, Citibank, County Natwest and Salomon Smith Barney.
Michael has over 35 years of experience in financial markets. He holds a Masters in Applied Finance, and now lectures to applied finance students at Macquarie University.
With a multitude of indicators and oscillators to work with, how can technical analysts decide which best suit their trading styles in different asset classes and changing market conditions? CMC?s Chief Market Strategist, Michael McCarthy, discusses the importance of ?adaptive analyses? to incorporate evolving market conditions into a trading framework, and shines light on why the answer to this question is different for each analyst.