Sunday, August 1, 2010NewYork London Barcelona Tokyo Sydney

Forex Scalping on ADX and Bollinger Bands

In order to have optimal market conditions for scalping, traders use indicators to see if the market is trending well or if they should wait for better opportunities. One of the indicators used is the ADX (Average Directional Index) indicator. ADX does not forecast the direction of the trend, only the strength of the current [...]

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