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Average Directional Index ADX

This is where the average directional index (ADX) comes into play. The ADX is a technical analysis tool that helps traders gauge the strength of a trend, regardless of whether the market is moving up or down. In this article, we’ll explore what the ADX indicator...

What is Fibonacci in Forex Trading?

Additionally, the irregular numerical nature of the Fibonacci sequence casts doubt on the validity of the ratios and percentages derived from it. This leads some traders to deem these ratios insufficient justification for relying on Fibonacci and opting not to use it....