Price Action trading is the ultimate form of trading. Dow Theory is of utmost importance when trading using Price Action.

Sharing these 6 Important Dow Theory lessons for free which is sold as a ₹40,000 course.

⬇️ A Thread 🧵

It is a technical framework which explains markets movements based on certain rules called the Tenets of dow theory

The 6 tenets are listed below: 👇
1. 3 TREND MARKET

a) Primary trends

• Main movements in the market

• Time frame is large (1yr or greater)

b) Secondary trends

• These trends are corrections in the primary trend

• Direction opposite to the primary trend

• Timeframe is small (few weeks to few months)
c) Minor trends

• Smallest and most insignificant trends

• Smallest time frame ( few hours to few days)
2. MARKET DISCOUNTS EVERYTHING

This tenet is essentially made around the fact that the price of a stock incorporates all the information (any events, results, ratios, earning potential, etc.) about the stock.

Even future events are discounted as risk
3. VOLUME MUST CONFIRM THE PRIMARY TREND

Volume should increase if the price is moving in the direction of the primary trend and decrease if it is moving against it.

• Primary trend - Volume increases

• Secondary trend - volume decreases
4. THE INDICES CONFIRM EACH OTHER

This tenet suggests trend is considered to be concrete when all indices move in unison.

I.e indices move in the same direction

For example, trend cannot be classified as bullish if nifty midcap is moving up while other indices are going down
5. 3 PHASES OF PRIMARY TRENDS

a) Accumulation Phase

• Occurs after a downtrend

• Institutions start buying to accumulate stocks at low prices

• Giving the stock an upward nudge
b) Participation Phase

• Retail traders enter after seeing the stock getting stronger

• Price usually skyrockets during this phase

• Taking the stock to new highs
c) Distribution Phase

• Institutions start selling at highs

• While the retail traders are heavily invested

• The sell-off eventually reverses the trend
6. REVERSAL

This tenet states that the primary trend remains in effect until a clear reversal occurs
This could be accompanied with

• Low volume in the trend's direction

• High volume in secondary and minor trends

• Breaking of an imp level

• Breaking of a trendline, etc
IMP CONSIDERATION

Dow theory is based on closing prices and is not concerned about the intraday movements.

For a trend signal to be formed, the closing price has to signal the trend, not an intraday price movement.
That's all about Dow Theory and it's 6 important key lessons.
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🌺श्री गरुड़ पुराण - संक्षिप्त वर्णन🌺

हिन्दु धर्म के 18 पुराणों में से एक गरुड़ पुराण का हिन्दु धर्म में बड़ा महत्व है। गरुड़ पुराण में मृत्यु के बाद सद्गती की व्याख्या मिलती है। इस पुराण के अधिष्ठातृ देव भगवान विष्णु हैं, इसलिए ये वैष्णव पुराण है।


गरुड़ पुराण के अनुसार हमारे कर्मों का फल हमें हमारे जीवन-काल में तो मिलता ही है परंतु मृत्यु के बाद भी अच्छे बुरे कार्यों का उनके अनुसार फल मिलता है। इस कारण इस पुराण में निहित ज्ञान को प्राप्त करने के लिए घर के किसी सदस्य की मृत्यु के बाद का समय निर्धारित किया गया है...

..ताकि उस समय हम जीवन-मरण से जुड़े सभी सत्य जान सकें और मृत्यु के कारण बिछडने वाले सदस्य का दुख कम हो सके।
गरुड़ पुराण में विष्णु की भक्ति व अवतारों का विस्तार से उसी प्रकार वर्णन मिलता है जिस प्रकार भगवत पुराण में।आरम्भ में मनु से सृष्टि की उत्पत्ति,ध्रुव चरित्र की कथा मिलती है।


तदुपरांत सुर्य व चंद्र ग्रहों के मंत्र, शिव-पार्वती मंत्र,इन्द्र सम्बंधित मंत्र,सरस्वती मंत्र और नौ शक्तियों के बारे में विस्तार से बताया गया है।
इस पुराण में उन्नीस हज़ार श्लोक बताए जाते हैं और इसे दो भागों में कहा जाता है।
प्रथम भाग में विष्णुभक्ति और पूजा विधियों का उल्लेख है।

मृत्यु के उपरांत गरुड़ पुराण के श्रवण का प्रावधान है ।
पुराण के द्वितीय भाग में 'प्रेतकल्प' का विस्तार से वर्णन और नरकों में जीव के पड़ने का वृत्तांत मिलता है। मरने के बाद मनुष्य की क्या गति होती है, उसका किस प्रकार की योनियों में जन्म होता है, प्रेत योनि से मुक्ति के उपाय...

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@franciscodeasis https://t.co/OuQaBRFPu7
Unfortunately the "This work includes the identification of viral sequences in bat samples, and has resulted in the isolation of three bat SARS-related coronaviruses that are now used as reagents to test therapeutics and vaccines." were BEFORE the


chimeric infectious clone grants were there.https://t.co/DAArwFkz6v is in 2017, Rs4231.
https://t.co/UgXygDjYbW is in 2016, RsSHC014 and RsWIV16.
https://t.co/krO69CsJ94 is in 2013, RsWIV1. notice that this is before the beginning of the project

starting in 2016. Also remember that they told about only 3 isolates/live viruses. RsSHC014 is a live infectious clone that is just as alive as those other "Isolates".

P.D. somehow is able to use funds that he have yet recieved yet, and send results and sequences from late 2019 back in time into 2015,2013 and 2016!

https://t.co/4wC7k1Lh54 Ref 3: Why ALL your pangolin samples were PCR negative? to avoid deep sequencing and accidentally reveal Paguma Larvata and Oryctolagus Cuniculus?