For beginner traders, this book could be a good place to start for learning terminology and basic market analysis concepts. Learning from the mistakes and fortunes of others is one of the best ways for forex traders to sharpen their…
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The DMI is primarily used to help assess trend direction and provide trade signals. The ADX is usually accompanied by two other indicators – the Positive Directional Indicator (+DI) and the Negative Directional Indicator (-DI). These lines help traders decide whether…