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ADX interpretation

 
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Author ADX interpretation
saikat
White Belt
White Belt


Joined: 31 Mar 2008
Posts: 317

Post: #1   PostPosted: Tue May 13, 2008 3:11 am    Post subject: ADX interpretation Reply with quote

Hello all,

One of the main weapons of my very limited toolbox is ADX - which I believe is the best possible tool to measure strength in a directional move.

But like any other tool - it is just a tool - and its success depends upon how you use it..

I am putting some guidelines for ADX
You got me right - I am too small a person to formulate this of my own- Very Happy - I have taken reference from Aswini Agarwal; but have used it since last 2 years and found it very very useful.

Regards,

Saikat



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mayurnsk
Moderator


Joined: 18 Jan 2007
Posts: 216
Location: Nasik, Maharashtra

Post: #2   PostPosted: Tue May 13, 2008 10:23 am    Post subject: Reply with quote

HI
saikatnandy!!!

thats great ..wonderful job Very Happy


Mayuresh Jahagirdar
Nasik
Maharashtra
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saikat
White Belt
White Belt


Joined: 31 Mar 2008
Posts: 317

Post: #3   PostPosted: Tue May 13, 2008 11:36 am    Post subject: Reply with quote

Mayur,

Thanks

Actally I was unaware of this 'Forum' thing till 2 days back......

I will post my learnings here.....

Regards
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kiran.jain
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White Belt


Joined: 31 Jan 2008
Posts: 47
Location: mumbai

Post: #4   PostPosted: Tue May 13, 2008 7:30 pm    Post subject: Reply with quote

nandy..... thnks man..... yes the day u told me about ADX.....i have improved m trading....... it give 2 idea about which indicator 2 u.......and when.....

regards
jain kiran
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rameshraja
Expert
Expert


Joined: 24 Nov 2006
Posts: 1121

Post: #5   PostPosted: Tue May 13, 2008 11:29 pm    Post subject: Hi Sai Reply with quote

You have given in simple language which is understandable.


Keep it up.


C T RAMESH RAJA
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saikat
White Belt
White Belt


Joined: 31 Mar 2008
Posts: 317

Post: #6   PostPosted: Wed May 14, 2008 3:22 am    Post subject: Reply with quote

RR Sir,

Thank you for your encouraging words. I will always try my best to share whatever I have learned. It is the only way I can pay back the learnings I myself got from ICharts.

Regards,

Saikat
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Perry
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Joined: 14 Aug 2008
Posts: 3

Post: #7   PostPosted: Thu Aug 14, 2008 12:56 am    Post subject: Reply with quote


Dear Mr.Saikatnandy
Thnks 4 ur largeheartedness 2 show us the correct way 2 trade.But since I m new 2 this T.A. may I sincerely request u to pl.explain yr ADX theory with examples of some stocks so that newbies like me can understand better.Also sir can u tell me some sites 4rm where I can learn T.A. in
detail atep by step?

THANKS once again
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