If some one would tell me to choose only one indicator to trade with, that would be the ADX. ADX is one of a kind, it is the mother and father of all indicators and I found-it to be the most complet indicator.The ADX is a trend indicator but also an oscilator. The ADX line, the trend indicator show us A VERY IMPORTANT PIECE OF INFORMATION in a visual way, the STRENGHT of a trend. In the picture below the white line is the ADX and is an indicator of a strenght of the trend. The ADX line does not…See More

If some one would tell me to choose only one indicator to trade with, that would be the ADX. ADX is one of a kind, it is the mother and father of all indicators and I found-it to be the most complet indicator.The ADX is a trend indicator but also an oscilator. The ADX line, the trend indicator show us A VERY IMPORTANT PIECE OF INFORMATION in a visual way, the STRENGHT of a trend. In the picture below the white line is the ADX and is an indicator of a strenght of the trend. The ADX line does not…See More

EUR has reached my long targets from yesterday and is currently at the resistance line 1.2930 which is also the border of the ascending channel from 1.2047. Breaking above may happen only on dollar negative news from Mr.Bernarke, so untin that and FOMC decision i expect a range trade between 1.2860 and 1.2930, significant moves may happen in later american session or tomorrow.GOLD is again in a stand-by, waiting for the dollar to choose direction.For today:LONG EUR above 1.2860 SL 1.2850 TP…See More