Just posting my trades - winners and losers, purely for my own convenience. This is not trading advice, do your own homework.
Wednesday, March 20, 2013
Wheat and ADX
Something I noticed today as I was flipping through charts. Notice how wheat behaves when ADX(7) on the hourly crosses 60, almost invariably retraces to the 21EMA. Its a nice counter trend trade, with low risk. In the last 20 days, didn't fail once.