DIRECTIONAL SYSTEM (DVD) ( INCLUDING 18% GST )

By Dr.Alexander Elder
MRP: Rs.8,861.80
Price in points: 8862 points
Reward points: 89 points
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This system answers two essential questions:

1) Is the market trending?
2) Is this trend worth following?

This video teaches you to use this system and includes a unique tool for signaling when a new bull market begins.

  • The Directional Movement Index, or DMI, is an indicator developed by J. Welles Wilder in 1978 that identifies in which direction the price of an asset is moving. The indicator does this by comparing prior highs and lows and drawing two lines: a positive directional movement line (+DI) and a negative directional movement line(-DI). An optional third line, called directional movement (DX) shows the difference between the lines. When +DI is above -DI, there is more upward pressure than downward pressure in the price. If -DI is above +DI, then there is more downward pressure in the price. This indicator may help traders assess the trend direction. Crossovers between the lines are also sometimes used as trade signals to buy or sell.
  • The Directional Movement Index (DMI) is composed of two lines, and an optional one, showing selling pressure (-DI), showing buying pressure (+DI), and a third DX line showing the difference between the former positive and negative lines.
  • A +DI line above the -DI line means there is more upward movement than downward movement.
  • A -DI line above the +DI line means there is more downward movement than upward movement.
  • Crossovers can be used to signal emerging trends. For example, the +DI crossing above the -DI may signal the start of an uptrend in price.
  • The larger the spread between the two lines, the stronger the price trend. If +DI is way above -DI the price trend is strongly up. If -DI is way above +DI then the price trend is strongly down.

Books

Author:
Dr.Alexander Elder
Binding:
DVD
Condition Type:
New
Edition:
1st Edition
Gift Wrap:
N
Leadtime to ship in days (default):
Usually ship in 2-3 working Days If Out of stock will take 25-30 working days for procurement
Leadtime to ship in days(if not in stock):
If Out of stock will take 25-30 working days
Publisher:
Financial Trading,Inc
Year:
2009

Dimensions

Dimensions (W x H x D):
15 x 22 x 1.1

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