Hi,
In the 3 Time Frame system, one manages a trade in the middle frame and enters in the lower frame. I've just looked at a potential trade. The ADX indicator in the middle frame says the price is ranging, and the ADX in the lower frame says it's overbought. Which should I go by, the middle frame ADX where I'm managing the trade, or the lower frame ADX where I execute the trade???
Please answer only if you really know.
Thanks
In the 3 Time Frame system, one manages a trade in the middle frame and enters in the lower frame. I've just looked at a potential trade. The ADX indicator in the middle frame says the price is ranging, and the ADX in the lower frame says it's overbought. Which should I go by, the middle frame ADX where I'm managing the trade, or the lower frame ADX where I execute the trade???
Please answer only if you really know.
Thanks
3 Time Frame Question
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