Saturday, 18 February 2012

USDCAD February 19, 2012:

USDCAD February 19, 2012:
USDCAD remains in downtrend from 1.0523, the rise from 0.9925

Introduction to Technical Analysis Part 2

Introduction to Technical Analysis Part 2
Introduction to Technical Analysis
 Part 2



Market movements:

Dow and
hamlten and dow jones Characterized three types of price movements of the Dow Jones: basic movements, secondary movements and daily fluctuations. Moving the elections last time
months ago of a few to several years and represent the broad underlying trend of the market. Secondary school (or reaction) movements of the last few weeks
To a few
months
and move counter to the primary trend. Daily fluctuations can move with or against the primary trend and last from a few
Hours to a few days, but usually no more than a
week.



Basic movements:

Represent the basic trend of the market movements of the broad underlying and can last from a few to
months many years. this movements typically
Referred to as bull markets
fails. When the underlying trend , it will remain valid until the contrary is proved. hamlten thought that the length
The duration of the trend were impossible selection significantly.
hamlten studied rates and came to some general instructions for the length and duration, but warned of an attempt
Applying
this
 as bases for prediction.




Secondary movements:

Movements were secondary to reverse the underlying trend and reactionary in nature. In a bull market a secondary move is considered correct.
failing market market,
Secondary movements, calls for meetings of the reaction at times. Partly a Dow theory, the outline of Coca-Cola used to portray the meetings of the reaction (or movements
Secondary) within a bear trend is essential. Under the scheme, which depicts a correction within a primary bull trend.





September / September - 96, record the DJIA new high level, thus establishing the underlying trend as rising. Of the basin to reach the
Peak, primary advance rose 1988 points. During the progress of the September / September - 96 to March / March - 97, the DJIA is
failing
For more than two consecutive two weeks. When
end of March / March, after three consecutive weeks of fails, it became clear that THIS move was in a class
And daily fluctuations can be considered a secondary move. Note
hamlten some characteristics that were common in many secondary movements in both bull
faling and markets. this characteristics should not be interpreted as bases, but rather a loose transactions
to be used in conjunction with the methods
Other analysis. The first three properties to the example provided above.

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