If a trade will be a breakout move or a trend trade can be identified by the ADX
generally an ADX above 35 signals a correction is ahead as price is moving too fast, so an aggressive exit might be more profitable, however an ADX below 35 even if the price moves volatile up and down can signal the trend is still on, so waiting till the next decision point is more profitable than exiting and searching for trades in the other direction:
+_+FDAX+09-12+(3+Min)+_+FDAX+09-12+(5+Min)+_+FDAX+09-12+(2+Min)++08_08_2012.jpg)
No comments:
Post a Comment