Hi guys, I have small question. Does Dow theory applied on forex market? If it yes how? and could I mix Dow theory with other technical tool to get good opportunity to trade?
many thanks
opinion on this question tends to be divided about 50/50
it depends mostly on what kind of forex trading you’re doing, and on exactly what you define as being “part of Dow theory”
so it’s a pretty semantic kind of question, honestly
this article will probably interest you -
I think Dow Theory on trends still applicable on forex, for example Higher High for uptrend, and Higher Low for downtrend