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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: Teresa Lo who wrote (7222)	6/16/2001 9:16:15 AM
From: peter n matzke	Read Replies (2) \| Respond to of 8925

T, i know the question was not posed to me but i do find ADX to be very interesting. Reversals with a very high ADX seem to be preceded by a high DMI; what seems to be of interest is that the dominant DMI seems to turn before the lesser DMI Also on a similar tangent notice that often if there is a very high ADX, ADX will take a "U" or "V" shaped pattern before the next significant chart point is made, the rest of the adx movements in between are just noise. 3rd the traders club recently posted an idea placing a trade based upon ADX exceeding DMI: if ADX crosses above DMI enter the trade with a parabolic SAR as the trigger. merit, or meritless...you be the judge