Sorry this post is a bit late, but I've been playing
with the new INO TV Premium...WOW. Hundreds
of experts, hundreds of topics...you've got to check
it out today!
Anyway, here's your ninth lesson in "The Secrets Of
Professional Floor Traders" mini email course.
Lesson 9 - "Average Directional Movement Index"
by Adam Hewison
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In this lesson we are going to use the ADX indicator to
filter out some of those pesky losing trades. Many
traders know how to get into a position but are often
uncertain as to how long they should stay with a trade.
This indicator provides excellent guidance for knowing
when to hold and when to fold.
Because this lesson contains charts, it has been posted
here.
Average Directional Movement Index
All my best this week!
P.S. Look out for the next lesson - This is going to be
a cracker and a technique I know will help you master
the markets.
