Search results (8)
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...
Trend reversal patterns
Forex education
The charts of any currency price movement with any units of time measurement form periodical and identical patterns of different type. Some of these figures are always formed on the charts before the trend ends, when the operation volume in...
Trend continuation patterns
Forex education
In technical analysis, there is a possibility to observe graphical figures which confirm the current trend. They are known as figures of the trend continuation. They depict a relatively short period of market consolidation after which break...
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...
Support, resistance and trend types
Forex education
Moving average – the simplest type of technical indicators on the financial markets. Since these indicators of technical analysis represent the oldest type of analysis, they are frequently used by professionals and, consequently, are...
Weighted moving average
Forex education
The weighted moving average (WMA) is one of the varieties of the [[Moving_Averages|moving averages (MA)]]. The essential drawback of the [[Simple moving average |simple moving average (SMA)]] is the assignment of the equal weights to all th...
Trend and range fluctuations
Forex education
The trend exists as long as prices maintain the tendency to rise and to fall through time. When the trend is uprising, every following support and resistance level exceeds the preceding. During the downtrend every following level of low and...
Trendline correcntion, the fan principle
Forex education
As time goes by, the speed of price movement within a trend can change. It can increase which corresponds to the bigger angle of the [[Trend Lines|trend line]], or decrease and make the [[Trend Lines|trend line]] not that steep. In these ca...