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opportunistically

06/06/07 5:19 PM

#77483 RE: Lurker from Mars #77479

Sorry, but you clearly do not understand ADX ...

You wrote "but the black line bumped also" ...

... and THAT is precisely the problem! The ADX is a trend indicator - when the black line rises above 10-12 and starts moving up, together with the red line moving up, THAT inidicates the start of a new, definite, DOWNWARD price trend.

Like I said, do not try to convince me (and others) with your posts (it's certainly not working with me), and don't listen to me either - go check out the definitions of ADX on "lowtrade's" excellent IHUB forum, or elsewhere on the web ...

Opp