Search results (5)
Dow Theory
Forex education
The Dow theory is a theory describing the stocks prices behavior with time. The theory is based on a series of publications by Charles H. Dow (1851-1902), an American journalist, the first editor of 'The Wall Street Journal' and one of the...
Elliott Wave Theory
Forex education
The Elliott Wave theory represents a development of the well-known Dow theory. It applies to any freely traded assets, liabilities, or commodities (stocks, bonds, oil, gold, etc.). The Wave theory was proposed by an accountant Ralph Nelson...
Swing trading
Forex education
The purpose of swing trading is to catch gains in the long term. This is the main difference between this method and intraday trading. Swing traders take profit every 3 to 5 days. The majority of the world's most successful traders use this...
Price, trading volume and open interest
Forex education
The price is not the only weighty factor to be considered while analyzing Forex market. Besides the currency exchange rate, its trading volume plays an important role, too.There is the postulate of the Dow Theory that tells that the trend m...
Support, resistance and trend types
Forex education
The primary task of technical analysis of financial markets in general and the Forex market in particular is finding a trend on a plotted chart. The Dow theory discerns three types of trends: long-term, medium-terms and short-term trends. T...