DislikedHi Willem and other expericed traders,
Last Friday there is eurusd wrong tc 5 min signal, but I do not know how to filter it? Could you tell me what is wrong to take this trade and give me some insight? Thanks a lot
Regards
AihuaIgnored
The ADX would have kept me out of that particular trade. Look how the DMI- has peaked (the DMI- broke its down trendline just before the entry and this would have been a red flag with me. Note the green vertical lines where price came back to the war-zone and how the DMI- was getting weaker but the ADX and the DMI+ were holding on well. This is the strength that I look for with the ADX along with the price action...
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