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  • John J Murphy - Technical Analysis of The Financial Markets

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    barbarajeanlavender
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    The document defines uptrend and downtrend as the primary and secondary trends in markets. An uptrend is defined as a period where prices are making a series of higher highs and higher lows, while a downtrend is defined as a period where prices make a series of lower highs and lower lows. It states that the secondary trend, also called a minor trend, must always move in the same direction as the primary trend in order for the primary trend to remain intact.

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    The Technical Analysis Bible

    Titolo originale

    John J Murphy - Technical Analysis of the Financial Markets

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    The document defines uptrend and downtrend as the primary and secondary trends in markets. An uptrend is defined as a period where prices are making a series of higher highs and higher lows, while a downtrend is defined as a period where prices make a series of lower highs and lower lows. It states that the secondary trend, also called a minor trend, must always move in the same direction as the primary trend in order for the primary trend to remain intact.

    Copyright:

    © All Rights Reserved
    Scarica in formato PDF, TXT o leggi online su Scribd
    Segnala contenuti inappropriati
    39K visualizzazioni596 pagine

    John J Murphy - Technical Analysis of The Financial Markets

    Caricato da

    barbarajeanlavender
    The document defines uptrend and downtrend as the primary and secondary trends in markets. An uptrend is defined as a period where prices are making a series of higher highs and higher lows, while a downtrend is defined as a period where prices make a series of lower highs and lower lows. It states that the secondary trend, also called a minor trend, must always move in the same direction as the primary trend in order for the primary trend to remain intact.

    Copyright:

    © All Rights Reserved
    Scarica in formato PDF, TXT o leggi online su Scribd
    Segnala contenuti inappropriati
    di 596

    uptrend

    definition

    downtrend
    definition

    Secondary
    trend

    minor
    trend

    these two
    must move
    together

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