This paper presents a newstrategy for wind speed forecasting based on a hybrid machine learning algorithm, composed of a data filtering technique based on wavelet transform (WT) and a soft computing model based on the fuzzy ARTMAP (FA) network. The prediction capability of the proposed hybrid WT + FA model is demonstrated by an extensive comparison with some other existing wind speed forecasting methods. The results show a significant improvement in forecasting error through the application of a proposed hybrid WT + FA model. The proposed wind speed forecasting strategy is applied to real data acquired from the North Cape wind farm located in PEI, Canada.