Quote Originally Posted by absolut-advance View Post
Ofcourse your trading time frame and "patience" may be much greater than mine.

I only like high directional movement because it gives me gains much faster with less risk of false signals for my timeframe.

Markets with slow weak trends, practically going sideways but with a slight upwards drift will take much longer to produce gains than a market which is moving with a good pace.

Notice when looking at a monthly or 2 chart of CDU its just tracking sideways?

I like the 14 day/period default for the ADX, but you may choose to play around with it to find what suits you.

AA
Yeah Im not a day trader and cant watch my plays every day. Usually look at time frames of a week to 6 months or more. Still getting my head around the ADX since you brought it up the other day. Hadnt looked at it previously. Understand how it is used but still figuring out how it works. Am playing with it .
Most here know Im just an apprentice and that the charts I post are for feed back as much as anything.
I really appreciate the feed back I get from Yourself and Phaedrus. You guys have helped me to no end.

Have had some trouble finding good literature on ADX