S1E37: Trade Friday with ThinkMarkets: What is the Average Directional Movement Index (ADX) when trading
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In this episode of The Student Investor Podcast, join your host Ivyn Sambo as we continue our series on trading indicators. Today, we explore the fascinating world of the Average Directional Movement Index (ADX). Think of it as the speedometer of the market, helping us identify the strength of trends and whether the market is moving with a clear direction or just meandering around. We break down the ADX in simple terms, using relatable analogies to make it easy for everyone to understand. Plus, we'll share some pro tips on how to use the ADX alongside other indicators for even better trading decisions. If you're looking to improve your trading game, this episode is a must-listen! Happy investing!