The weekly swing trade is a trend trade on the 60 minute. Trend can happen at any time, be prepared! Putting time frames together comes with experience. Lower time frames are more volatile, you will see that +DMI remains dominant but price breaks the 20 moving average a few times. The rising ADX and +DMI dominance helps the trader to have for the best profits.    Click here to see the weekly chart of Gold (YG) mini futures.

 In his book “ADXcellence”, Dr. Schaap creates new rules and concepts for applying ADX/ DMI to your best opportunity for profit, in any time frame. The ADXtender is in Chapter 13.  **** The TDAmeritrade webinars are archived for viewing. There will also be a class on August 14, learn more about ADX (with Candy Schaap). Go to CommodityTrading School to sign up. All links are posted at the calendar.

Chart courtesy of TradeStation

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