Forex Trading

Average Directional Index ADX

If ADX’s-DI and + DI cross over again, trades will be closed. We all know that the trend is our friend, but without real strength behind the trend, the newly formed trend can quickly fade away. Having sorted out the theory, let’s look at some practical examples on how to use ADX in Forex trading. No matter what type of trader you are, after you enter a position you need a strong directional move. To make a profit, the move must be in the direction of your trade. Primarily used…

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