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Re: [EquisMetaStock Group] ADX SIGNIFICANCE ON DIRECTIONAL MOVEMENT



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If it was only that simple..Nothing is engraved in stone when it comes to the chaotic nature of the markets.
  ----- Original Message ----- 
  From: ccwoam 
  To: equismetastock@xxxxxxxxxxxxxxx 
  Sent: Wednesday, July 19, 2006 11:55 PM
  Subject: [EquisMetaStock Group] ADX SIGNIFICANCE ON DIRECTIONAL MOVEMENT


  Any TA expert ? 
  According to bks I read, when adx is below both +dmi & -dmi it is a 
  good time to buy. 
  However,even though later +dmi > -dmi,and the adx meanders at a low 
  level below 20,the stocks would not fly. 
  So what is the best time to buy (adx at what level when+dmi > -dmi) 
  And what & when is the best time to short a stock taking note of these 
  3 indicators



   

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