SELL What's The Average Directional Index? Investors often seek to identify price trends in stocks or other financial securities, especially when they intend to materially change their position over time. Trends become visible on charts as persistent price moves in one direction and can provide useful entry or exit points for investors and traders.
Trends can be elusive, however. And while they are rather easy to identify visually, using them to trade can be challenging. The task is made uniquely challenging by the fact that there is no way to know when a trend will end, or when a reversal has occurred until after it has already done so.
For these reasons, technical analysts have adopted various statistical indicators that can help to determine the strength and duration of a trend so that they can anticipate a potential change before it occurs. One such indicator is the ADX, or the Average Directional Movement Index (or simply Average Directional Index). The ADX works together with the positive and negative Directional Movement Indexes (DMI) that make up the Directional Movement System developed by Welles Wilder. Wilder's system attempts to measure the strength of price movement by using DMIs in conjunction with the ADX.
SELL What's The Average Directional Index? Investors often seek to identify price trends in stocks or other financial securities, especially when they intend to materially change their position over time. Trends become visible on charts as persistent price moves in one direction and can provide useful entry or exit points for investors and traders.
Trends can be elusive, however. And while they are rather easy to identify visually, using them to trade can be challenging. The task is made uniquely challenging by the fact that there is no way to know when a trend will end, or when a reversal has occurred until after it has already done so.
For these reasons, technical analysts have adopted various statistical indicators that can help to determine the strength and duration of a trend so that they can anticipate a potential change before it occurs. One such indicator is the ADX, or the Average Directional Movement Index (or simply Average Directional Index). The ADX works together with the positive and negative Directional Movement Indexes (DMI) that make up the Directional Movement System developed by Welles Wilder. Wilder's system attempts to measure the strength of price movement by using DMIs in conjunction with the ADX.
Shut your trap, Calvin, and preserve your teetering sanity. Robert Kuok rode on the sugar wagon to make his first fortune in 1963 speculating on the London sugar market. Palm oil came later, much later, and Kuok gave the credit is given to his nephew for building up Wilmar. Read Robert Kuok's 'A Memoir' published 2013 to gain some insight into a great business mind.
@Berlin....how u doing bro? yes this clown knows no shame! when the obvious is happening like CPO being down 4% today below RM3900 he chooses to not highlight the fact
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sunnyspoon
438 posts
Posted by sunnyspoon > 2022-08-02 09:09 | Report Abuse
Up abit this few days, make so much hoo ha celebration, crab