DMI / ADX-plained
FLO Up-dated

The price of FLO was up 60% from the first +DMI  and ADX >25 to the last price peak.  What part of that did you bank?
From recent price high of $32.68 to the last pivot low (1.) was $5 of risk. Was that your plan? Always know what you are risking to see if you can get more. The 'tested' pivot low (2. page 230) is $24.88. You can trade, or you can make money - it is a choice.

DMI divergence was the clue to take profit. The trend is in tact, but look to page 46 of ADXcellence for DMI divergence. Dr. Schaap gives you rules to profit with.

In his book,  "ADXcellence:Power Trend Strategies"   Dr. Schaap has a separate chapters on DMI and ADX. This chart of FLO shows ADX rising and DMI is not, can you make a plan for this? Price makes the trade, correct use of the indicator makes the profit strategy. Practice entries and exits and strategies.

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