One of the difficulties in trading is that it is not easy to determine whether a trend will continue or whether it is poised to reverse. Correct risk management will ensure that an incorrect trade ...
Entering into a fading or weakening trend is one of the most frustrating things a trader can encounter. Many traders have strategies for trend entry but if a trend has run its course and is weakening ...
I am often asked about my use of indicators in addition to price patterns. Remember, all indicators are derivatives of price. So, as a general rule my attitude has been why study indicators when I can ...
Today I will explain about one of the most effective, but lesser researched, utilised and thus underrated indicator in trading i.e the Average Directional Index (ADX). I said lesser researched because ...
ADX stands for Average Directional Movement Index, an oscillator driven by a mathematical derivation used in technical analysis to assess the strength of a price trend in a financial security.
One of the difficulties in trading is that it is not easy to determine whether a trend will continue or whether it is poised to reverse. Correct risk management will ensure that an incorrect trade ...