If you are ready to learn what it takes to have great wealth and Big Profits, get Dr. Schaap's lesson plan, "ADXcellence:Power Trend Strategies"     ADX/ DMI Power Trend Strategies for the best profits. Read this article ADX: The Trend Strength Indicator

ETFs are a useful tool for learnng about the overall market; also the currency market. I have outlined this Australian Dollar ETF with the ADX DMI signals  - you can learn this!

Starting from the left, the price is moving mostly sideways (1) and we see that ADX DMI is less than 25. (Page 134, "ADXcellence") The red arrow shows lower pivot lows (Chapter 5, "ADXcellence") and we see rising ADX -DMI giving us that downtrend. (2)

Price breaks above the downtrend line and then is lower but not lower than previous lows (3) and we see that ADX indicates lower trend strength. ADX let's us time our money for profit. At the green arrow (4) we see a +DMI cross over high and price moves up to a previous high. Go to page 134, "ADXcellence" and see if you can learn what to watch for next. 

Contact Candy Schaap TraderDoc5050@yahoo.com  Products can be purchased from www.stockmarketstore.com or Amazon.com    Sign up for the Journal for Excellence in Trading right here.