What do Gold, Currencies, the Indices and McDonald's have in common? The results are in.
“A strong correlation has been found between the magnitude of eruptions and the length of the preceding interval of repose. Almost all very large historic eruptions have come from volcanoes that have been dormant for centuries.” Journal of Volcanology, A.R. Mc Birney
in other words:
“The longer it bores, the higher it soars.” says Dr. Charles B Schaap
In the book ADXcellence, Dr. Schaap teaches trading principles. In Chapter 3 he shows how DMI gives velocity of price and Chapter 4, how ADX gives trend strength. Then he puts it all together and teaches strategies for profit trading. On page 133 – 134, titled ‘Strategies and Volatility’ he gives exact lessons on entry.
Take notes: The Swiss Franc is down 3 cents, closed at 91.90 on Monday. Gold is down $80, closing at $811 on Monday, MCD is up $6, price reached $66. And finally, the QQQQ are up $3.50 cents, closing Monday at $47.75 . The price of all 4 charts (commodities, equity and an Index) have broken out of range. What we teach always applies, to every time frame, every asset class and every chart. Now you know the right stuff! Click here to see the result charts. Get ADXcellence and profit ADXcellently!