adx at 30mn and 5mn?
Hello Traders,
On some daytrading videos, Ken presents 30mn and 5mn charts without ADX . Should we use the ADX on EVERY TRADE?
Also, since he presents 5mn charts with pennants, I think this is the time wherein ADX goes well below 30. That means the pennant breaks is not supported by ADX>30 or ADX>40.
I hope to learn from the experienced Forex on Fire traders here.
Jaime
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