what is the dow theory in forex?

What Is the Dow Theory?

dow constrict aik maliyati usool ho sakta hai jo is baat par zor deta hai ke market place oopar ki taraf hai agar haqeeqat mein is ki ost mein se kisi aik ke baray mein socha jaye ( yani sanati ya naqal o hamal ) pehlay ki ahem zaroorat se ziyada taraqqi karta hai aur is ka taayun ya is ke andar mawazna izafay ke zariye kya jata hai. mukhtalif ost. misaal ke tor par, agar stock index industrial average ( djia ) an intermediate had se ziyada par charh jata hai, to stock index transportation average ( djta ) aap ke waqt ki aik susti muddat mein sehat mand honay ki tawaqqa ki jati hai .

Understanding the Dow Theory

dow plan kharidari aur tijarat ki aik taknik hai jisay charles each dow ne tayyar kya jis ne edward jones aur charles bergrastetar ke sath, bunyadi tor par stock index and company, ankarporishn par mabni aur stock index industrial average ko 1896 mein tayyar kya. wall strit journal mein adaryon ka silsila, jis mein woh shareek hai .
charles dow ka intqaal 1902 mein sun-hwa, aur un ki mout ke baad se, is ne kisi bhi terhan se marketon mein apni poori taamer ka elaan nahi kya, lekin mukhtalif madahon aur doston ne un kamon ka elaan kya hai jo adaryon mein taiz ho gaye hain. dow usool ke liye kayi intehai ahem shraktin darj zail par mushtamil hain :
william pi. hemilton ki sikyortiz market berometr ( 1922 )
hunri am Robert riya ki dow theory ( 1932 )
e. senate george shifr ka mein ne das hazaar sarmaya karon ko astaks mein munafe mein kaisay madad ki ( 1960 )
richard Rasal ki tea
dow ka khayaal tha ke majmoi tor par inventory market place qaumi maeeshat ke andar alamgir antrprayz cheezon ki aik qabil aitbaar degree ban jati hai jisay hatmi market place ko parh kar, kisi ko haasil ho gaya kyunkay usay un cheezon ka andaza lagana chahiye aur market place ke bunyadi rujhanaat ka pata lagana chahiye. shakhsi stock ke tamam mumkina rastay mein .
is taamer ko apni 100 plus 12 mah ki tareekh mein izafi rujhanaat ka saamna karna para hai, jis mein Anees bees ke andar william hemilton, tees ki dahai ke andar hunri am Robert riya, aur saath ki dahai ke andar e senate george shifr aur richard Rasal ki shiraakat hai. soch ke pehluo ne zameen ko ghalat jagah di hai, misaal ke tor par, naqal o hamal ke shobay par is ka dabao — ya rail road, apni makhsoos shakal mein — taham dow ki taknik taham jadeed takneeki tajzia ka markaz kaghazi karwai hai .

How the Dow Theory Works

wahan dow plan mein chay bunyadi izafay ki pemaiesh hoti hai .
1. market har cheez ko chhuut deta hai .
dow constrict green market ke mafroozay ( emh ) par kaam karta hai, jis mein kaha gaya hai ke quality charges mein data hona zaroori hai. mutadid alfaaz mein, yeh nizaam sargarmi siyasi maeeshat ka mukhalif hai .
kamaai ki salahiyat, jarehana faida, intizami qabliyat — yeh tamam hissay aur izafi murabba pemaiesh market mein qeematon ke sath, is haqeeqat ke bawajood ke fi al haal har kirdaar un mein se kisi aik ya tamam tafseelaat mein shaamil nahi hai. is khayaal ki mazeed sakht reading mein, yahan tak ke taqdeer ke mawaqay murabba pemaiesh khatray ki shakal mein reayati hai .
2. wahan murabba pemaiesh 3 bunyadi qisam ke market ke rujhanaat
marketon ko tarjeehi paish Raft ka saamna karna parta hai jo aik muddat ya izafi, aik sath bail ya bardasht market place ke sath khatam hoti hai. un wasee tar pishrfton mein, woh sanwi trqyon ka tajurbah karte hain, aksar aik fashion ki miqdaar ke mutabiq chaltay hain, bail market ke andar pal back ya reechh ke bazaar ke andar really ke ساتھ؛ woh sanwi pishrft teen hafton se kuch mahino tak hatmi hoti hai. aakhir mein, wahan murabba pemaiesh ki mamooli khaslatain waafar lekin teen hafton tak payi jati hain, jo barray adhay shore mein ho sakti hain .
3. bunyadi rujhanaat ke 3 marahil hotay hain .
dow theory ke mutabiq aik fashion teen marahil se guzar sakta hai. bail market place ke douran, woh murabba tamirati hissay, hatmi awaami shirkat ( ya wasee iqdaam ) ke hissay aur mazeed hissay ki pemaiesh karte hain. bardasht ke bazaar ke douran, yeh kaha jata hai kyunkay taqseem ka hissa, hatmi awaami shirkat ka hissa, aur ghabrahat ( ya mayoosi ) hissa
4. asharih jaat ko aik dosray ko yakeeni banana chahiye .
lehaza jahan tak fashion qaim kya jaye, dow postolated index ya market place ost ko har aik ki mukhtalif tasdeeq karni chahiye. yeh fashion ke aik asharih par peda honay walay isharay sehat mand honay chahiye ya is ke mukhalif isharay se mutabqat rakhtay hain. agar aik index, jis ka stock index industrial average hai, aik mukhtalif tarjeehi up trained ki tasdeeq kar raha hai, lekin dosra index tarjeehi neechay ki janib fashion ke douran rehta hai, to sarmaya karon ko fi al haal yeh andaza nahi karna chahiye ke aik mukhtalif fashion shuru ho gaya hai .
dow ne do asharih jaat ka istemaal kya jo is ne aur is ke sathiyon ne farzi thay, dow jones industrial average ( djia ) aur dow jones transportation average ( djta ) is soch par ke agar antrprayz cheeze dar haqeeqat sehat mand hain djia tajweez kar sakta hai, ho sakta hai ke rail road is sanati antrprayz ke shoq ko darkaar samaan ki muntaqili mein faida utha rahay hon. agar miyaar ke akhrajaat barh rahay hain lekin rail roads mutasir ho rahay hain, to mumkin hai ke andaaz fi al haal properly nah ho. is ke ilawa baat bhi laago hoti hai : agar rail road square naap kar munafe kama raha hai lekin market place neechay ki haalat mein hai, to koi saaf fashion nahi hai .