Simply Memoirs ...........(previously: memoirs of last 5 semesters at IIT)

DOW THEORY

There are two basic methods that traders use in determining when to enter the market when trading the stock, forex, and futures markets, which are
Fundamental analysis
Technical analysis


Dow Theory.

The Markets Have 3 Trends
Trends Have 3 Phases
The Markets Discount All News
The Averages Must Confirm Each Other
Trends Are Confirmed by Volume
Trends Exist Until Definitive Signals Prove That They Have Ended

posted by maxi @ 11:31 PM