The primary trend has three phases
Dow Theory asserts that major market trends are composed of three phases: an accumulation phase, a public participation phase, and a distribution phase. The accumulation phase (phase 1) is a period when investors “in the know” are actively buying (selling) stock against the general opinion of the market. During this...
There are three movements on the market
Penjelasan dari teory ini cukup sederhana yaitu bahwa market mempunyai tiga tipe trend yaitu: 1. Major Trend merupakan trend jangka panjang dari suatu market biasanya ditentukan dalam kurun waktu minimal 1 tahun. Pergerakan harga 4 tahun terakhir 2. Medium trend merupakan analisa trend untuk AKPC_IDS += "112,";Popularity: 15%...
About Dow Theory
Dow theory ditemukan oleh Charles Dow, beliau merupakan seorang jurnalis yang melakukan pengamatan terhadap market. Pengamatan beliau disimpulkan dalam dua bentuk index yaitu Dow jones Industrial dan Dow Jones Transportation. Salah satu kesimpulan sederhana yang dikemukakan beliau adalah untuk melihat pertumbuhan dari dunia...
8 rules for analyzing Volume(By Hans)
From: Hans To: My_LRI@yahoogroups.com; obrolan-bandar@yahoogroups.com; saham@yahoogroups.com; investium_saham@yahoogroups.com; Milis-AATI@yahoogroups.com; metaStock-id@yahoogroups.com Sent: Monday, August 18, 2008 22:02:40 Subject: [obrolan-bandar] Understanding Volume & open Interest Dear all Wah diskusi yang sangat bagus...
Diskusi Peak and Trough Analysis di Forum
Originally Posted by BeyBie Pak Mata Dewa mohon penjelasan anda mengenai sell confirmation:Yang saya tangkap dari penjelasan chart oil dan gold anda, bahwa pada saat candle menembus ke bawah Higher trought sebelumnya akan menandakan adanya sell confirmation. (Jika salah mohon dikoreksi) Bagaimana jika pada saat kita sell ternyata...
Trends are confirmed by volume
Dow believed that volume confirmed price trends. When prices move on low volume, there could be many different explanations why. An overly aggressive seller could be present for example. But when price movements are accompanied by high volume, Dow believed this represented the “true” market view. If many participants...
Stock market averages must confirm each other
In Dow’s time, the US was a growing industrial power. The US had population centers but factories were scattered throughout the country. Factories had to ship their goods to market, usually by rail. Dow’s first stock averages were an index of industrial (manufacturing) companies and rail companies. To Dow, a bull...
The stock market discounts all news
Stock prices quickly incorporate new information as soon as it becomes available. Once news is released, stock prices will change to reflect this new information. On this point, Dow Theory agrees with one of the premises of the efficient market hypothesis. The idea that the market discounts everything is not new to technical...
