Dow Theory explained
April 27th, 2008 . by adminMost new forex traders like to think of forex as a video game in which they throw up a few indicators and expect to hit these huge payoffs with virtually little work. And most of these newbies don’t fully understand that there is far more than simply using automated software is going to make them rich. They need more knowledge and that is the trick. Learning basic trading principles, such as the Dow Theory or how to pinpoint support and resistance lines or how to chart trends are all important tools that most pro forex traders use daily in their arsenal.