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Power Up For Profits
A long time Great Xpectations™ candidate is GMCR, a good example to learn about trend. Notice how price and ADX agree – that is convergence and price is trending. Price tripled for a very nice gain.
The red arrows show where there is divergence (Read more: Divergence: The Trade Most Profitable ). Divergence is not a reversal, but rather an indication of change. We see that price has been non-trending and you can go to page 134 of "ADXcellence:Power Trend Strategies" and study the diagram (ADX/DMI<25). Dr. Schaap shows you how to have power profits and the best use of time and money. Now you can do the right thing!
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