#higher bottom

This session give the knowledge about Demand and Supply and where is the Entry level , where is the Stoploss , how to identify the current market trend . If follows dow theory which problem will face. I understood of Golden concept.

Dow theory’s contribution to technical analysis.

We are introduced to the Dow’s theory in this sesion. The dow’s theory forms the basis for technical analysis. The idea behind Dow theory is the identification of demand and supply through charts mapped with price vs time. Dow’s theory is criticized on many grounds for taking large time perion and it’s inability to predict the strength of the current trend. Even with all the critics Dow’s theory…

Demand and supply plays the major role to create the theory of market and life.

Day 5 – Dow theory

Dow theory is very old method of finding the price trend of any stock using the line charts. it uses the line chart and 2 years data is required to forecast the trend.

STILL STRUGGLING

This section talks about the Dow theory.

DOW! – BOW! – WOW!

Dow Theory is about identifying a trend using the Demand and Supply. We use Line charts to find the Trend based on the Tops and bottoms identified in it and finding a sequence out of it. Volume is used to confirm the trend .

Dow theory has been studied with its advantages and disadvantages , the uses of dow theory and how to determine the trends were also studied. .