Posts Tagged ‘stock market training’
Stock Market Author Teaches Technical Analysis
Learn Technical Analysis from Award Winning Author
John Murphy wrote 8 highly-touted technical analysis books and today you can sit in on one of his seminars for no expense. His expertise is known world-wide; his teaching style is impeccable and he agreed to give access to a limited number of people for one of his most sought after seminars!
The seminars by John Murphy are usually reserved for an elite few, so please take advantage of the chance to learn from a man with over 30 years
successfully trading using technical analysis.
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21st Century Use of the Charles Dow Theory, Part 7
This is the seventh and final part in our series on Dow Theory. In Part 6 we focused on the fifth tenet of Dow Theory: volume must confirm the trend. In this article we are going to take a look at the last tenet: a trend is assumed to be in effect until it gives definite signals that it has reversed.
As a quick refresher the 6 tenets of Dow Theory are:
1. The price discounts everything.
2. The market has 3 trends.
3. Major trends have 3 phases.
4. The averages must confirm each other.
5. Volume must confirm the trend.
6. A trend is assumed to be in effect until it gives definite signals that it has reversed.
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