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  • Other Added - Currency Technical Analysis Part 2: Dow Theory - Three Phases of the Trend

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    longer trend is unaffected - and if you think about it, this is true.

    Central banks and geo political concerns can spike prices unexpectedly - bu

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    In part 1 of this series of articles: “Currency Technical Analysis Part 1: The Most Important Theory Ever” we discussed the general background to the Dow Theory.

    Here we look at the three phases of the trend, and why currency-trading analysis must focus on the long-term trend - and how Dow Theory will help you capture every major trend.

    Currency Technical Analysis – Market Discount

    Dow Theory is based upon the classic view of currency technical analysis - that markets discount everything.

    While Dow Theory accepts that the unexpected can always occur in the short term - the longer trend is unaffected - and if you think about it, this is true.

    Central banks and geo political concerns can spike prices unexpectedly - but

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    ow Theory.

    Here we look at the three phases of the trend, and why currency-trading analysis must focus on the long-term trend - and how Dow Theory will help you capture every major trend.

    Currency Technical Analysis – Market Discount

    Dow Theory is based upon the classic view of currency technical analysis - that markets discount everything.

    While Dow Theory accepts that the unexpected can always occur in the short term - the longer trend is unaffected - and if you think about it, this is true.

    Central banks and geo political concerns can spike prices unexpectedly - bu

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    y will help you capture every major trend.

    Currency Technical Analysis – Market Discount

    Dow Theory is based upon the classic view of currency technical analysis - that markets discount everything.

    While Dow Theory accepts that the unexpected can always occur in the short term - the longer trend is unaffected - and if you think about it, this is true.

    Central banks and geo political concerns can spike prices unexpectedly - bu

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    ncy technical analysis - that markets discount everything.

    While Dow Theory accepts that the unexpected can always occur in the short term - the longer trend is unaffected - and if you think about it, this is true.

    Central banks and geo political concerns can spike prices unexpectedly - bu

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    longer trend is unaffected - and if you think about it, this is true.

    Central banks and geo political concerns can spike prices unexpectedly - but their influence tends to be short, rather than long term.

    Currency technical analysis needs to be understood to make big money – and you need to focus on just the long-term trends.

    The market reflects all available information - everything there is to know is already reflected in the markets - through the price.

    Prices therefore represent the total of all the hopes, fears, and expectations, of all the participants in the market.

    Interest rates, presidential elections, employment, consumer confidence - and everything else, is already priced into the market.

    Short Term

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