Trading Nasdaq Using ADX with Hidden Divergence

This afternoon, trading Nasdaq using ADX on a higher timeframe, results in a winning short trade because the magenta peak pushes price down to the ATR.

Trading Nasdaq Using ADX with Hidden Divergence

First, the 45 minute chart displayed a magenta peak on the ADX and the Stochastics overbought.  This indicated that price would push down to the ATR at 6771.75.  Whenever there is a magenta peak on the 45 minute chart, you have to do down to the 3 minute for entry.  Price should flip the ATR from blue to red and then retest the ATR to ensure there is resistance.  In this case, it flipped the ATR to red and retested it.  On the retest of the ATR, using the Stochastics, hidden divergence appeared coupled with a decrease in buying volume.  Entry was at 6818.50.

Trading Nasdaq Using ADX

Price moved down to the ATR on the 45 minute chart as anticipated and the exit was 3 contracts at 6766.25 and 1 contract at 6766.50.

The indicators used for identifying and trading Nasdaq using ADX trade setup are included in both the Silver and Diamond Package.  The only difference between the two packages is that the Diamond Package includes ten hours of personal mentoring with Gail.  Both packages include the charting and scanner indicators, documentation including the TradeFlow Analysis setups, templates or workspaces, installation, and access to the TradersHelpDesk extensive video library.

About Gail Mercer

Gail Mercer, Founder of TradersHelpDesk, is a highly respected trader, trainer, author, and speaker residing in North Carolina. She has over 15 years of experience in trading and in the development of custom indicators.

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