Description

This package completes the DowHow series and takes us back to the absolute roots of stock market trading.

The constant change of supply and demand leads to a constant sequence of movements and corrections, which finally result in a trend. From the previous packages we know the possibility, based on the statements of Charles Dow, to work with three trend sizes: Large, Medium and Small. However, the markets have become faster and more flexible, so that the trader must also adapt to these changes. Thus, movements and corrections cannot always be assigned to one of the three trend sizes, but the decisive factor is which trend is currently the leading trend and thus the trend observed by the market. In addition, the stock market is fast-moving, so that the experienced trader only wants to expose his money to risk within a manageable time frame.

This addon takes all of this into account.
It is amazing in its simplicity, adapts to the current markets without disregarding the nature of stock market trading (movement, correction, trend) and leaves the trader in the market for a relatively short time only. The simplicity of trading also includes the elimination of any superfluous type of information, such as the use of indicators, oscillators and the like.

Since we work in this package with the absolute nature of stock market trading, it is only too logical to remain with nature also with the choice of possible aids and thus we land with the Fibonacci doctrine and the retracements derived from it. Since this tool also resembles a self-fulfilling prophecy, but this tool is observed around the globe by most traders (traders are also creatures of nature), we make use of this knowledge in the present package.