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Month: April 2017

Phoenix Rising – update 4/18/2017

Some prove to the strategy…:-) This morning I saw a nice opportunity on the GBP/AUD. The Daily chart showed a rise in strength (ADX) from yesterday and price finding support at the Daily 20 EMA. First looked at the higher timeframes (1H and […]

Phoenix Rising

… or more specific: trend strength rising from the ashes! Trading with the Average Directional Movement Index (ADX) Hello everyone and welcome to my blog post about the ADX. I will give you a short summary of how the ADX […]