Take a look at the directional indicator on the chart above.
Notice the ADX (white line) has printed a reading of 12. It hasn't been this low for months and months.
Here's what you do.
Plot an alert line on the directional indicator at 25. Once the adx line moves above 25 trade in the direction of whatever dmi line (green for bulls, red for bears) is on top and trending higher.
Take a look at the November 19 - 20 period to see what I mean.
Enjoy
Notice the ADX (white line) has printed a reading of 12. It hasn't been this low for months and months.
Here's what you do.
Plot an alert line on the directional indicator at 25. Once the adx line moves above 25 trade in the direction of whatever dmi line (green for bulls, red for bears) is on top and trending higher.
Take a look at the November 19 - 20 period to see what I mean.
Enjoy