ADXcellence

$15.00

www.tradelikeapro.com/products/item7.cfm 290 pages pdf ADXcellenceโ€”Power Trend Strategies Who is this book for?ย Experienced traders will find the information in ADXcellence to be more advanced. The book is intended for trend trading, especially for trend setups with the opportunity to trend higher and fartherย (Power Trends). The book presents six strategies which can be used for long-term investing […]

Description

www.tradelikeapro.com/products/item7.cfm

290 pages pdf

ADXcellenceโ€”Power Trend Strategies

Who is this book for?ย Experienced traders will find the information in ADXcellence to be more advanced. The book is intended for trend trading, especially for trend setups with the opportunity to trend higher and fartherย (Power Trends). The book presents six strategies which can be used for long-term investing or intraday trading, and the strategies will work on stocks, ETFs, futures, and Forex.

About ADXcellence

ADXcellence is a trend trading system developed by Dr. Charles B. Schaap and based on the ADXD/DMI indicator which measures trend strength, direction, and momentum. ย The six trading setups described in ADXcellence are intended to take advantage of the strongest trends (quantified by ADX), thereby minimizing risk and achieving greater profits in a shorter period of time.

Section Oneย ofย ADXcellenceย covers the ADX and DMI indicators. The ADX indicator was originally developed by Welles Wilder in 1987, but Dr. Schaap takes the indicator to a new level of understanding and interpretation. ย The book also introduces new concepts, such as DMI Dominance, an essential key to understanding whether the buyers or sellers are in control. Dr. Schaap also describes the two new trade triggers which he developed for ADX/DMI. ย 

Section Twoย of the book covers the principles of trading Power Trends, including a review of trend structure and price patterns. There are important sections on trend momentum and volatility patterns as seen with the ADX/DMI i ndicator.

Section Threeย presentsfour, single timeframe strategies, whileย Section Fourย adds two additional strategies which are dual-timeframe based. Combining two timeframes is one way that traders can exploit Power Trends and captureย big profits. There are numerous chart examples of each type ofย trade, and each trade isย definedย with specific criteria for entry.

Comments from Readers

ย โ€œFirst, I would like to thank you for the most excellent book that Iโ€™ve ever read on trading. It is very well and clearly written, and gives a reader the impression that the author held nothing back.โ€ โ€“ MT

ย โ€œThis book is brilliant. I believe this is one of the best trading books I have read. Dr. Schaap has done a fantastic job of identifying a seemingly simple, yet profoundly powerful price indicator that I never understood. The language is not technical and should be an easy read for anyone. I believe it is the spendiest book Iโ€™ve ever purchased, but just like a good concert, you forget about the price and savor the experience.โ€ย  (Rick , Las Vegas, NV)

ย โ€œโ€ฆbrilliant new bookโ€ฆthis book should be the top one on any traderโ€™s list.โ€ย  (L. H., Orcas, WA)

ย โ€œI have read a lot of books and none have had the impact on my trading like (ADXcellence)โ€ฆChapter 3 alone would have put an additional $19, 500 into my pocket. I can think of no better name for the bookโ€ฆADXcellenceโ€ฆfor that it is!ย  (T.S., Cleveland, OH)

ย โ€œItโ€™s terriffic!!!โ€ฆwhat a great read! I know it is going to be such a success the more that people find out about it. This is serious stuff!โ€ย ย ย ย (M. K.,ย  Baltimore, M.D.)

โ€œThe books takes you from A-Z orderly and clearly. Never before has this information with all the tips been so well expressed.โ€ย ย ย ย ย ย  (L.S., Jacksonville, Florida)

โ€œAwesome.The definitive book on the ADX indicator.โ€ย ย ย ย (S. F., New Haven, CT)