In the trading world, having the right tools and knowing how to use them correctly can be the difference between success and failure. One such tool is the Average Directional Index (ADX), which is ...
The Average Directional Index (ADX) is a technical indicator that measures the strength of a market trend without signalling its direction. This guide explains how ADX works, how to interpret its ...
Detecting a strong directional move is the most important skill for all traders to have. Trend chasing is the most popular technical method of profitable trading. But stock prices spend more time in ...
One of the difficulties in trading is that it is not easy to determine whether a trend will continue or whether it is poised to reverse. Correct risk management will ensure that an incorrect trade ...
Investors with short-term timeframes often use technical analysis to evaluate price movement and identify trends. Fundamental analysis may not be particularly useful for traders looking to pop in and ...