Anybody who’s ever traded with me before will tell you that I'm a big advocate of going in the direction of the main trend… not against it!
Even if a trade goes against me (which of course happens from time to time), it tends to head toward the main trend at some point. What I mean by that is going in the direction of the trend from the beginning can save an ugly trade, and even put the odds in your favor.
So that’s the side I like to be on at all times…
In this video, I thought it’d be beneficial for me to show you how I use the ADX indicator to find the strongest trends, and determine if the asset or market I’m trading happens to be trending in one direction or choppy.
1 ETF, 1 Option Play as the Fed Prepares to Raise Rates 6 More Times
March 17, 2022
In Thursday’s stock market recap, futures were slightly lower following the Federal Reserve’s decision to raise short-term interest rates by 25 basis points.
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