|
For any time frame, ADX/ DMI
ADXcellent Profits!
A Trend is always a trend. Higher highs and higher lows. This is a 5 minute chart of the Swiss Franc, 1cent move is equal to $1250.00 per contract. Not a bad morning's work. Does it happen all the time? No. But now you know what to look for and how to profit. Be a profit master - Get the Trend Master Series
ADX agrees with the higher high in price, when you have convergence, you have a trend. Now go do the right thing!
A bonus click: Posted at this link (here) an article about convergence and divergence. It is based on the work of Dr. Charles B. Schaap. Reference ADXcellence, the best book of trading principles.
There are two trendlines. Each trader has to know his own ability, risk tolerance and time frame. Notice that after the break of the first (shorter term) trendline, there are lower pivot highs. Trendlines are objective signals to enter or exit any trade, any time frame. Additionally, it takes convergence for there to be a reversal. This chart of the Swiss Franc, price remained above the lower trendline. The pivot low at the trendline was another opportunity to profit. This is fully covered in the Trend Master CD from Dr. Schaap, available at www.StockMarketStore.com
CBOT - Agricultural
Powered by AzBestValue
|
