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ADX

Christmas and new year's eveThis ADX seems to be heading to a third wave that will be stronger than the other previous two. There may be some retracing in between with a short opportunity between now and christmas. I believe we will keep on an old support and won't go below 400. Then Santa's rally will come and keep up till 2016, then.... who knows, hopefully some sideways calm period, perfect for your january vacations. Once the trend on the ADX establishes, it rarely reverses in the middle. Would like to hear your comments.
OKCOIN:BTCUSDLong
by purpurato59
1
ADX Trading System Overview! Link To Video!ADX System Overview So I Came Across Another Trading System for Only $997. However, if you purchased in the next 24hours the whole system could be Yours For Only $497. So I decided to Code it. This is only Version 1, and I discuss in the Video What I’ve found so for, some plans for Version 2 of the indicator, and I ask for your feedback on anything you find. Indicators used in System: CM_DI_Plus_Minus_V1 (Indicator On Bottom). CM_ADX_V1 (Indicator On 2nd Pane). CM_Gann_Swing_Hi_Lo (Indicator on Price Pane). This Indicator was published before…Link Below. Link In Related Ideas Below CM_DI_Plus_Minus_V1 Link In Related Ideas Below CM_ADX_V1 Link In Related Ideas Below In Video I go over settings and how to customize charts. Link To Video: vimeopro.com Link To Downloadable PDF Shown in Video: d.pr
by ChrisMoody
44
BTC/USD Final Destination Upper-Mid $200's (Perhaps Lower)This weekly chart is what I'm using to maintain my short position. Obviously the shorter term signals like the 1D or less are more valuable for spotting reversals, but I'm using this chart to confirm my belief that my 1D signals are all saying this down trend is far from over. In fact it might just be building steam. The weekly MACD has not crossed the 0 line with building momentum in all the MT.GOX data that I can find. This is a serious sell signal (as people are finding out they need to be careful with margin long positions now). With the timing of the ADX turning up to signal a new bear trend starting I'm quite honestly not ruling out that this move might find itself well below $200. However I do not want to get greedy thinking BTC will go to $50, so I'm using the 78% retracement of the entire bull run as a starting target and it seems to line up somewhat close to the most likely candidate for a trend line of the previous bull run (puts us in the upper-mid $200's area). The weekly RSI will have a long way to go to find itself in oversold territory. Notice also that the previous all time high of $1163 shows pretty clear divergence on the RSI as well as ADX (helps to conclude $1163 was the top for now). Finally volume is starting to pick up suggesting this is the new trend. Be careful that a lot of people might think $350 area is bottom. I'm thinking there's a chance it might bounce hard there and planning accordingly.
BITSTAMP:BTCUSDShort
by bwy
10