09-27-2007, 02:18 PM
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Sophomore
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Join Date: Jan 2007
Posts: 38
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Quote:
Originally Posted by Happy
I advise you to read the theory of Charles Dow in the book Murphy, John - Technical Analysis of the Finacial Markets
“The trend is the tendency in the price movement when each of the next maximums is higher (lower) than the previous one (the same relates to the minimums).”
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Everything that was written 50 years ago in not actual any more…
Charles Dow’s trend definition has become out of date. That is why the most part of traders lose their deposits. Trying to use this old conception I have lost a lot of money…
Here is the new conception of trend in the book and system of Masterforex-v, which was found by pure accident and use it very successfully!!!
http://www.masterforex-v.su/002_000_01.htm.
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