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RE: [Metastockusers] Re: Fading spikes and dips.



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	-----Original Message----- 
	From: P Umrysh [mailto:pumrysh@xxxxxxxxx] 
	Sent: الثلاثاء 28/10/2003 04:32 م 
	To: Metastockusers@xxxxxxxxxxxxxxx 
	Cc: 
	Subject: [Metastockusers] Re: Fading spikes and dips.
	
	

	Average Directional Movement
	
	--- In Metastockusers@xxxxxxxxxxxxxxx, "Hani Mounir"
	<elmagd2000@xxxx> wrote:
	> forgive my ignorance, what  ADX stands for?
	> Hani
	>
	>       -----Original Message-----
	>       From: uhehs@xxxx [mailto:uhehs@x...]
	>       Sent: Mon 10/27/2003 8:41 PM
	>       To: Metastockusers@xxxxxxxxxxxxxxx
	>       Cc:
	>       Subject: RE: [Metastockusers] Re: Fading spikes and dips.
	>      
	>      
	>
	>       Isn't ADX more or less for prolonged trends?
	>       Are you suggesting using a short term ADX, like ADX(3) within
	a short
	>       interval chart like a 5 minute?
	>      
	>       -----Original Message-----
	>       From: manohohman [mailto:kelols@x...]
	>       Sent: Monday, October 27, 2003 10:59 AM
	>       To: Metastockusers@xxxxxxxxxxxxxxx
	>       Subject: [Metastockusers] Re: Fading spikes and dips.
	>      
	>       ADX
	>      
	>      
	>       --- In Metastockusers@xxxxxxxxxxxxxxx, <uhehs@xxxx> wrote:
	>       > Hi all.
	>       >
	>       > When you see a stock making a large intraday move [say over
	30%],
	>       that tends
	>       > to distort most indicators, what indicator/system would be
	useful
	>       to gauge a
	>       > good entry point for a quick scalp?
	>       >
	>       > EX:  If you wanted to short FBF today after it's big move.
	>       >
	>       > Maybe just go to the conventional RSI or MACD but on a
	short time
	>       frame like
	>       > a 5 minute?
	>       >
	>       > Thanks.  I look forward to hearing some ideas.
	>      
	>      
	>      
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