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UsingUsingUsingUsing ADXADXADXADX totototo TradeTradeTradeTrade Breakouts,Breakouts,Breakouts,Breakouts, Pullbacks,Pullbacks,Pullbacks,Pullbacks, andandandand ReversalReversalReversalReversal PatternsPatternsPatternsPatterns inininin thethethethe MiniMiniMiniMini----sizedsizedsizedsized DowDowDowDow

CBOTCBOTCBOTCBOT WebinarWebinarWebinarWebinar OctoberOctoberOctoberOctober 12,12,12,12, 2006200620062006 Dr.Dr.Dr.Dr. CharlesCharlesCharlesCharles B.B.B.B. SchaapSchaapSchaapSchaap

UsingUsingUsingUsing ADXADXADXADX totototo TradeTradeTradeTrade Breakouts,Breakouts,Breakouts,Breakouts, Pullbacks,Pullbacks,Pullbacks,Pullbacks, andandandand ReversalReversalReversalReversal PatternsPatternsPatternsPatterns inininin thethethethe MiniMiniMiniMini----sizedsizedsizedsized DowDowDowDow

CBOTCBOTCBOTCBOT WebinarWebinarWebinarWebinar OctoberOctoberOctoberOctober 12,12,12,12, 2006200620062006 Dr.Dr.Dr.Dr. CharlesCharlesCharlesCharles B.B.B.B. SchaapSchaapSchaapSchaap

AboutAboutAboutAbout MeMeMeMe

RetiredRetiredRetiredRetired fromfromfromfrom medicalmedicalmedicalmedical practicepracticepracticepractice inininin 1999199919991999--------beganbeganbeganbegan fullfullfullfull---- timetimetimetime tradingtradingtradingtrading inininin stocks,stocks,stocks,stocks, futures,futures,futures,futures, andandandand optionsoptionsoptionsoptions

Author:Author:Author:Author: ADXcellenceADXcellenceADXcellenceADXcellence———PowerPowerPowerPower TrendTrendTrendTrend StrategiesStrategiesStrategiesStrategies (2006)(2006)(2006)(2006) ArticlesArticlesArticlesArticles inininin TechnicalTechnicalTechnicalTechnical AnalysisAnalysisAnalysisAnalysis ofofofof StocksStocksStocksStocks &&&& Commodities,Commodities,Commodities,Commodities, SFOSFOSFOSFO,,,, WorkingWorkingWorkingWorking----MoneyMoneyMoneyMoney,,,, MedicalMedicalMedicalMedical EconomicsEconomicsEconomicsEconomics,,,, variousvariousvariousvarious

newslettersnewslettersnewslettersnewsletters SpeakerSpeakerSpeakerSpeaker forforforfor thethethethe InternationalInternationalInternationalInternational TradersTradersTradersTraders ExpoExpoExpoExpo andandandand otherotherotherother investmentinvestmentinvestmentinvestment organizatioorganizatioorganizationorganizationnsnsss Director:Director:Director:Director: TheTheTheThe HedgeHedgeHedgeHedge FundFundFundFund AssociationAssociationAssociationAssociation

ADXADXADXADX andandandand thethethethe LongLongLongLong----termtermtermterm DowDowDowDow

GoalsGoals forfor TodayToday

ExplainExplain thethe ADXADX IndicatorIndicator ShowShow tradetrade SetupsSetups forfor thethe minimini--sizedsized DowDow usingusing ADXADX

ADXodus,ADXodus, ADXtenderADXtender MomentumMomentum Divergence,Divergence, ReversalsReversals

DemonstrateDemonstrate 55 majormajor benefitsbenefits ofof usingusing ADXADX forfor tradingtrading thethe minimini--sizedsized DowDow futuresfutures Review/QuestionsReview/Questions

WhatWhat isis ADX?ADX?

(with(with DMI)DMI)

ADXADX isis anan indicatorindicator thatthat measuresmeasures trendtrend strengthstrength showsshows trendtrend direction.direction.

ADXADX tellstells usus whetherwhether thethe bullsbulls oror thethe bearsbears areare inin control.control.

BenefitsBenefits ofof UsingUsing ADXADX

 FreeFree indicator,indicator, nono systemsystem toto buybuy  QuantifiesQuantifies trendtrend strengthstrength  AllowsAllows usus toto seesee thethe strengthstrength ofof bullsbulls andand bearsbears atat thethe samesame timetime  TellsTells whenwhen thethe trendtrend isis strongstrong enoughenough toto tradetrade  TellsTells usus whenwhen thethe trendtrend isis weakweak (stand(stand aside)aside)  WorksWorks onon allall timeframestimeframes andand productsproducts  CanCan bebe combinedcombined withwith otherother indicatorsindicators

Trading is a Race for Profits

Myth:Myth: ToTo makemake moneymoney inin thethe stockstock marketmarket, youyou mustmust knowknow whatwhat thethe marketmarket isis goinggoing toto do.do.

Truth:Truth: YouYou mustmust knowknow whatwhat youyou’’rere goinggoing toto dodo beforebefore thethe marketmarket doesdoes whatwhat itit does.does.

LessonsLessons fromfrom thethe PitPit

TradersTraders oftenoften confuseconfuse theirtheir abilityability toto readread technicaltechnical analysisanalysis withwith theirtheir abilityability toto properlyproperly executeexecute andand managemanage trades.trades.

ADXADX andand DMIDMI

 AverageAverage DirectionalDirectional MovementMovement IndexIndex (ADX)(ADX) waswas developeddeveloped byby J.J. WellesWelles WilderWilder andand

presentedpresented inin hishis book,book, NewNew ConceptsConcepts inin TechnicalTechnical TradingTrading SystemsSystems (1978)(1978)

 ADXADX isis derivedderived fromfrom twotwo indicatorsindicators (developed(developed byby Wilder)Wilder) knownknown asas thethe PositivePositive DirectionalDirectional MovementMovement IndicatorIndicator (+DMI)(+DMI) andand thethe NegativeNegative DirectionalDirectional MovementMovement IndicatorIndicator ((--DMI).DMI).

Material For This Lecture is based on

ADXcellence—Power Trend Strategies

Available: www.stockmarketstore.com

Settings:Settings: DMIDMI 13,13, ADXADX 88

DirectionalDirectional MovementMovement (DM)(DM)

DM is the largest part of today’s range that is outside of yesterday’s range.

When the largest part of today’s range is above yesterday’s range, we get positive DM (+DM).

When the largest part of today’s range is below yesterday’s range, we get negative DM (-DM).

DirectionalDirectional MovementMovement (DM)(DM)

+DM

-DM

+DM and -DM

No DM

WhenWhen DMIDMI lineslines separateseparate——ADXADX rises,rises, trendtrend strengtheningstrengthening WhenWhen DMIDMI lineslines comecome togethertogether——ADXADX falls,falls, trendtrend weakeningweakening

ADXplainedADXplained

TheThe primaryprimary useuse ofof ADXADX isis toto measuremeasure trendtrend strength.strength. DMIDMI CONFIRMSCONFIRMS trendtrend directiondirection andand CONFIRMSCONFIRMS priceprice entry/exitentry/exit signals.signals. WhenWhen ADXADX >> 2525

IfIf +DMI+DMI isis aboveabove ––DMIDMI,, pricesprices areare trendingtrending up.up.  IfIf ––DMIDMI isis aboveabove +DMI+DMI,, pricesprices areare trendingtrending down.down.

ADXADX isis NondirectionalNondirectional

 ADXADX measuresmeasures thethe strengthstrength ofof aa trend,trend, butbut doesndoesn’’tt distinguishdistinguish betweenbetween uptrendsuptrends andand downtrends.downtrends.

 WhenWhen therethere isis aa strongstrong uptrend,uptrend, ADXADX rises.rises.  WhenWhen therethere isis aa strongstrong downtrend,downtrend, ADXADX rises.rises.

ADXADX NutsNuts andand BoltsBolts

ADX

DMI

Forward

(Up)

+DMI

-DMI

Reverse

(Down)

ADXADX BasicBasic SignalsSignals

ShortShort ModeMode

ADXADX >> 2525 --DMIDMI aboveabove +DMI+DMI

ScalpScalp ModeMode

 ADXADX << 2525  DMIDMI spikesspikes aboveabove 2525

LongLong ModeMode

ADXADX >> 2525 +DMI+DMI aboveabove --DMIDMI

School

Zone

Idling

Cruisin

Pedal to the Metal

Engine

Overheating

ADXcelleration

PointPoint #1#1 LowLow ADXADX PeriodsPeriods——NoNo TrendTrend TradingTrading

 ADXADX TrendTrend StrengthStrength RuleRule

WhenWhen ADXADX isis aboveabove 25,25, trendtrend strengthstrength isis strongstrong enoughenough forfor trendtrend tradingtrading strategiesstrategies

WhenWhen ADXADX isis belowbelow 25,25, avoidavoid trendtrend tradingtrading strategiesstrategies (optional:(optional: scalpscalp trades)trades)

BornBorn toto ChopChop

StoppedStopped OutOut

WhenWhen ADXADX << 25,25, scalpscalp whenwhen DMIDMI popspops aboveabove 2525

SwingSwing onon aa HigherHigher TimeframeTimeframe == TrendTrend onon aa LowerLower TimeframeTimeframe

60 Minute

5 Minute

Price alternates between range contraction and expansion

2525 HorseHorse PowerPower MinimumMinimum

 TheThe magicmagic ADXADX numbernumber forfor aa trendtrend toto bebe designateddesignated ““strongstrong”” isis 25.25.  WhenWhen ADXADX fallsfalls belowbelow 25,25, priceprice isis usuallyusually inin aa consolidationconsolidation periodperiod andand trendtrend tradingtrading strategiesstrategies willwill normallynormally fail.fail.

 OnceOnce ADXADX risesrises aboveabove 25,25, thethe tradertrader cancan useuse trendtrend tradingtrading strategies.strategies.

BreakoutsBreakouts

PointPoint ## 22

BestBest TradesTrades BeginBegin FromFrom LowLow ADXADX PeriodsPeriods

 ADXADX TrendlineTrendline RuleRule

WhenWhen ADXADX isis belowbelow 2525 forfor anan extendedextended period,period, drawdraw trendlinestrendlines onon priceprice andand waitwait forfor aa breakoutbreakout

 DMIDMI BreakoutBreakout RuleRule

AA validvalid breakoutbreakout upup requiresrequires aa newnew highhigh inin priceprice aandnd aa newnew highhigh inin +DMI+DMI (and(and +DMI+DMI >> 25)25)

AA validvalid breakoutbreakout downdown requiresrequires aa newnew lowlow inin priceprice andand aa newnew highhigh inin ––DMIDMI (and(and --DMIDMI >> 25)25)

KeyKey DMIDMI MomentumMomentum SignalsSignals

+DMI

-DMI

ADXodusADXodus™™

 TheThe ADXodusADXodus™™ isis aa classicclassic powerpower trendtrend strategystrategy thatthat findsfinds priceprice breakingbreaking outout followingfollowing aa periodperiod ofof consolidation.consolidation.  ADXodusADXodus™™ getsgets itsits namename duedue toto thethe largelarge numbernumber ofof accumulated/distributedaccumulated/distributed sharesshares readyready toto beginbegin theirtheir exodusexodus fromfrom consolidationconsolidation andand startstart aa newnew trendtrend journey.journey.  TrendTrend Principle:Principle: momentummomentum precedesprecedes priceprice  Goal:Goal: GetGet onon aa riskrisk freefree tradetrade andand rideride thethe trendtrend

CrossoverCrossover HighHigh (+DMI)(+DMI)

ChangeChange ofof DominanceDominance

PRICE

CrossoverCrossover HighHigh (+DMI)(+DMI)

ChangeChange ofof DominanceDominance

PRICE

ADXodusADXodusADXodusADXodus™™™ LONGLONGLONGLONG SETUPSETUPSETUPSETUP



PricePricePricePrice hashashashas aaaa consolidationconsolidationconsolidationconsolidation periodperiodperiodperiod forforforfor atatatat leastleastleastleast 30303030 barsbarsbarsbars (any(any(any(any timeframe)timeframe)timeframe)timeframe) withwithwithwith aaaa pricepricepriceprice pattern.pattern.pattern.pattern. ADXADXADXADX isisisis lesslesslessless thanthanthanthan 25252525 duringduringduringduring thethethethe consolidationconsolidationconsolidationconsolidation (preferably(preferably(preferably(preferably lesslesslessless thanthanthanthan 15).15).15).15). BothBothBothBoth DMIDMIDMIDMI lineslineslineslines areareareare aboveaboveaboveabove ADXADXADXADX priorpriorpriorprior totototo thethethethe breakout.breakout.breakout.breakout. TheTheTheThe +DMI+DMI+DMI+DMI makesmakesmakesmakes aaaa crossovercrossovercrossovercrossover highhighhighhigh asasasas pricepriceppricerice breaksbreaksbreaksbreaks thethethethe toptoptoptop trendline.trendline.trendline.trendline. PricePricePricePrice retracesretracesretracesretraces totototo thethethethe 20202020 EMAEMAEMAEMA andandandand holdsholdshholdsolds (first(first(first(first retracement)retracement)retracement)retracement) whilewhilewhilewhile thethethethe +DMI+DMI+DMI+DMI makesmakesmakesmakes aaaa pivotpivotpivotpivot lowlowlowlow atatatat orororor nearnearnearnear 25.25.25.25. EnterEnterEnterEnter longlonglonglong onononon aaaa pricepricepriceprice pivotpivotpivotpivot lowlowlowlow reversalreversalreversalreversal (up)(up)(up)(up)

a a aa price price priceprice pivot pivot pivotpivot low low lowlow reversal reversal reversalreversal (up)
a a aa price price priceprice pivot pivot pivotpivot low low lowlow reversal reversal reversalreversal (up)
a a aa price price priceprice pivot pivot pivotpivot low low lowlow reversal reversal reversalreversal (up)
a a aa price price priceprice pivot pivot pivotpivot low low lowlow reversal reversal reversalreversal (up)
a a aa price price priceprice pivot pivot pivotpivot low low lowlow reversal reversal reversalreversal (up)

ADXodusADXodusADXodusADXodus™™™ SHORTSHORTSHORTSHORT SETUPSETUPSETUPSETUP



PricePricePricePrice hashashashas aaaa consolidationconsolidationconsolidationconsolidation periodperiodperiodperiod forforforfor atatatat leastleastleastleast 30303030 barsbarsbarsbars (any(any(any(any timeframe)timeframe)timeframe)timeframe) withwithwithwith aaaa pricepricepriceprice pattern.pattern.pattern.pattern. ADXADXADXADX isisisis lesslesslessless thanthanthanthan 25252525 duringduringduringduring thethethethe consolidationconsolidationconsolidationconsolidation (preferably(preferably(preferably(preferably lesslesslessless thanthanthanthan 15).15).15).15). BothBothBothBoth DMIDMIDMIDMI lineslineslineslines areareareare aboveaboveaboveabove ADXADXADXADX priorpriorpriorprior totototo thethethethe breakout.breakout.breakout.breakout. TheTheTheThe –––DMIDMIDMIDMI makesmakesmakesmakes aaaa crossovercrossovercrossovercrossover highhighhighhigh asasasas pricepricepriceprice breaksbreaksbreaksbreaks belowbelowbelowbelow thththetheee bottombottombottombottom trendline.trendline.trendline.trendline. PricePricePricePrice retracesretracesretracesretraces totototo thethethethe 20202020 EMAEMAEMAEMA andandandand holdsholdshholdsolds (first(first(first(first retracement)retracement)retracement)retracement) whilewhilewhilewhile –––DMIDMIDMIDMI makesmakesmakesmakes aaaa pivotpivotpivotpivot lowlowlowlow atatatat orororor nearnearnearnear 25.25.25.25. EnterEnterEnterEnter shortshortshortshort onononon aaaa pricepricepriceprice pivotpivotpivotpivot highhighhighhigh reversalreversalreversalreversal (down).(down).(down).(down).

priceprice pivot pivot pivotpivot high high highhigh reversal reversal reversalreversal (down). (down). (down).(down).
priceprice pivot pivot pivotpivot high high highhigh reversal reversal reversalreversal (down). (down). (down).(down).
priceprice pivot pivot pivotpivot high high highhigh reversal reversal reversalreversal (down). (down). (down).(down).
priceprice pivot pivot pivotpivot high high highhigh reversal reversal reversalreversal (down). (down). (down).(down).
priceprice pivot pivot pivotpivot high high highhigh reversal reversal reversalreversal (down). (down). (down).(down).

AAAA ValidValidValidValid BreakoutBreakoutBreakoutBreakout isisisis YourYourYourYour GreenGreenGreenGreen FlagFlagFlagFlag !!!!

ADXodusADXodus (Intraday)(Intraday) TradeTrade ManagementManagement

 LotLot == eveneven ## contracts,contracts, 4,4, 8,8, 1010  Entry:Entry:

FullFull LotLot atat 2020 EMAEMA pivotpivot lowlow Optional:Optional: ½½ LotLot onon aa newnew priceprice highhigh afterafter breakout;breakout; thenthen ½½ lotlot atat 2020 MAMA pivotpivot lowlow ifif 11 stst positionposition profitableprofitable

 InitialInitial Stop:Stop: 2020 YMYM PointsPoints  ExitExit ½½ atat entryentry ++ 2020 points,points, movemove stopstop toto breakevenbreakeven  ExitExit ½½ atat entryentry +40+40 pointspoints (or(or discretionary)discretionary)

ADXodusADXodus

20 MA Entry

ADXodusADXodus (short)(short)

TakingTaking DailyDaily TrendTrend PositionsPositions

ContinuationsContinuations

PointPoint #3#3

FollowingFollowing ADXADX PeakPeak >25,>25, thethe TrendTrend isis MoreMore LikelyLikely toto ContinueContinue ThanThan ReverseReverse

DMIDMI ContinuationContinuation HighHigh RuleRule

DuringDuring aa retracement,retracement, whenwhen DMIDMI dominancedominance isis mmaintaiaintained,ned, aa newnew highhigh inin thethe dominantdominant DMIDMI confirmsconfirms continuationcontinuation ofof thethe trendtrend NewNew highhigh ––DMIDMI andand newnew lowlow inin price,price, oror newnew highhigh inin +DMI+DMI andand aa newnew highhigh inin priceprice

Variation:Variation: CrossCross ADXtenderADXtender

DMIDMI lineslines cross,cross, butbut therethere isis nono changechange ofof DMIDMI dominancedominance

ADXtenderADXtender™™

 TheThe ADXtenderADXtender™™ isis aa trendtrend continuationcontinuation strategystrategy followingfollowing anan ADXADX peakpeak ofof 2525 oror greatergreater  ADXtenderADXtender™™ getsgets itsits namename fromfrom aa strongstrong ADXADX whichwhich extendsextends priceprice higherhigher  SomeSome retracementsretracements areare brief,brief, somesome longerlonger  TrendTrend Principle:Principle: trendstrends areare moremore likelylikely toto continuecontinue thanthan reversereverse

ADXtenderADXtender™™ LONGLONG SETUPSETUP

PricePrice makesmakes aa newnew highhigh andand ADXADX risesrises aboveabove 25.25. PricePrice retracesretraces downdown nearnear thethe 2020 EMA.EMA. ADXADX turnsturns downdown duringduring thethe priceprice retracement.retracement. TheThe ––DMIDMI doesdoes notnot crosscross +DMI+DMI onon thethe retracement.retracement. EnterEnter longlong whenwhen priceprice makesmakes aa newnew highhigh andand +DMI+DMI makesmakes newnew high.high.

EnterEnter longlong whenwhen priceprice makesmakes aa newnew highhigh andand +DMI+DMI makesmakes newnew high.high.
EnterEnter longlong whenwhen priceprice makesmakes aa newnew highhigh andand +DMI+DMI makesmakes newnew high.high.
EnterEnter longlong whenwhen priceprice makesmakes aa newnew highhigh andand +DMI+DMI makesmakes newnew high.high.
EnterEnter longlong whenwhen priceprice makesmakes aa newnew highhigh andand +DMI+DMI makesmakes newnew high.high.

ADXtenderADXtender™™ SHORTSHORT SETUPSETUP

PricePrice makesmakes aa newnew lowlow andand ADXADX risesrises aboveabove 25.25. PricePrice retracesretraces upup nearnear thethe 2020 EMA.EMA. ADXADX turnsturns downdown duringduring thethe priceprice retracement.retracement. TheThe +DMI+DMI doesdoes notnot crosscross ––DMIDMI (or(or crossescrosses slightlyslightly withoutwithout aa changechange ofof dominancedominance).). EnterEnter shortshort whenwhen priceprice makesmakes aa newnew lowlow andand --DMIDMI makesmakes newnew high.high.

EnterEnter shortshort whenwhen priceprice makesmakes aa newnew lowlow andand --DMIDMI makesmakes newnew high.high.
EnterEnter shortshort whenwhen priceprice makesmakes aa newnew lowlow andand --DMIDMI makesmakes newnew high.high.
EnterEnter shortshort whenwhen priceprice makesmakes aa newnew lowlow andand --DMIDMI makesmakes newnew high.high.
EnterEnter shortshort whenwhen priceprice makesmakes aa newnew lowlow andand --DMIDMI makesmakes newnew high.high.

+DMI+DMI ContinuationContinuation HighHigh

(ADXtender(ADXtender™™ Signal)Signal)

Price

--DMIDMI ContinuationContinuation HighHigh

(ADXtender(ADXtender™™ Signal)Signal)

Price

ADXtenderADXtender (Intraday)(Intraday) TradeTrade ManagementManagement

 InitialInitial Stop:Stop:

Longs:Longs: 2020 YMYM PointsPoints belowbelow entryentry Shorts:Shorts: 2020 YMYM PointsPoints aboveabove entryentry

 ExitExit ½½ atat entryentry ++ 2020 points,points, movemove stopstop toto breakevenbreakeven  ExitExit ½½ atat +40+40 pointspoints oror momentummomentum divergence,divergence, whicheverwhichever comecome firstfirst

DonDon’’tt Think!Think! FollowFollow Price/DMIPrice/DMI PivotsPivots

Entry on Lower High

Entry on

Higher

Low

XtendedXtended PlayPlay

PointPoint #4#4

GetGet OutOut ofof aa TrendTrend TradeTrade WithWith ADXADX DivergenceDivergence

ADXADX DivergenceDivergence Rule:Rule: WhenWhen ADXADX isis divergentdivergent withwith price,price, exitexit partpart oror fullfull positionposition MostMost tradingtrading educationeducation focusesfocuses onon makingmaking thethe perfectperfect entryentry ExitsExits areare harderharder andand moremore importantimportant forfor profitprofit consistencyconsistency

DDivergenceivergence == DDecisionecision

SellSell partialpartial positionposition (half)(half) oror fullfull exitexit

ADXADX DivergencesDivergences

Uptrend

Negative ADX Divergence

PRICE

ADX

Positive ADX Divergence

Downtrend

DivergenceDivergence DeceptionDeception == ClimaxClimax

ExitsExits MayMay BeBe CountertrendCountertrend ScalpsScalps

ReversalsReversals

PointPoint #5#5

ADXADX WarnsWarns aa TrendTrend isis AboutAbout toto End/ReverseEnd/Reverse

 DecliningDeclining ADXADX peakspeaks suggestssuggests trendtrend isis nearingnearing completioncompletion  AnAn ADXADX peakpeak ofof 2525 oror lessless oftenoften precedesprecedes trendtrend reversalsreversals  TheThe endend ofof aa trendtrend isis anan eexit,xit, butbut notnot necessarilynecessarily aa reversalreversal entryentry

ADXhaustionADXhaustion™™

 TheThe ADXhaustionADXhaustion™™ isis aa trendtrend reversalreversal strategystrategy followingfollowing aa seriesseries ofof lowerlower ADXADX highs,highs, thethe lastlast beingbeing 2525 oror less.less.  ADXhaustionADXhaustion™™ getsgets itsits namename fromfrom gradualgradual priceprice exhaustionexhaustion atat thethe endend ofof aa trendtrend

 PricePrice isis divergentdivergent withwith ADXADX peakspeaks  TrendTrend Principle:Principle: trendstrends seldomseldom reversereverse withoutwithout warningwarning

ADXADX MakesMakes YouYou LeaderLeader ofof thethe PackPack

HaveHave ADXADX onon YourYour DashboardDashboard WhenWhen TradingTrading thethe minmin--sizedsized DowDow

DMI

ADX

ReviewReview ofof TodayToday’’ss PointsPoints

 PointPoint #1:#1: LowLow ADXADX PeriodsPeriods——NoNo TrendTrend TradingTrading

 PointPoint ## 2:2: BestBest TradesTrades BeginBegin FromFrom LowLow ADXADX PeriodsPeriods

 PointPoint #3:#3: FollowingFollowing ADXADX PeakPeak >25,>25, thethe TrendTrend isis MoreMore LikelyLikely toto ContinueContinue ThanThan ReverseReverse

 PointPoint #4:#4: ExitExit aa TrendTrend TradeTrade WhenWhen ThereThere IsIs ADXADX DivergenceDivergence

 PointPoint #5:#5: ADXADX WarnsWarns aa TrendTrend isis AboutAbout toto End/Reverse.End/Reverse.

ADXADX BasicBasic SignalsSignals (Review)(Review)

ShortShort ModeMode

ADXADX >> 2525 --DMIDMI aboveabove +DMI+DMI

ScalpScalp ModeMode

 ADXADX << 2525  DMIDMI spikesspikes aboveabove 2525

LongLong ModeMode

ADXADX >> 2525 +DMI+DMI aboveabove --DMIDMI

Sin City

 ADXodusADXodus™™  ADXtraADXtra™™  ADXpressADXpress™™  ADXtenderADXtender™™  ADXplosiveADXplosive™™  ADXquisiteADXquisite™™

Available at www.stockmarketstore.com

ChartChart StudyStudy andand FreeFree NewsletterNewsletter www.adxcellence.comwww.adxcellence.com

InformationInformation

 TraderDocTraderDoc WebinarWebinar:: ADXADX PowerPower ProfitsProfits (for(for stocks)stocks)——Thursday,Thursday, OctoberOctober 19,19, 20062006  MiniMini--sizedsized YM:YM: www.CBOT.comwww.CBOT.com  MyMy email:email: traderdoc@traderdoc.comtraderdoc@traderdoc.com  MyMy websiteswebsites

www.adxcellence.comwww.adxcellence.com www.traderdoc.comwww.traderdoc.com www.stockmarketstore.comwww.stockmarketstore.com

MayMay AllAll YourYour TradesTrades BeBe ADXcellent!ADXcellent! ThankThank You.You.

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