To start the momentum is hard. When the momentum is built, the price will move on its own without extra effort like a hamster who initially exerts lots of effort to speed up the wheel and then continues moving with less effort for hours.
Category: Price Action
Retracement vs Reversal
Simple Price Action Analysis
Head and Shoulder Pattern
Momentum
Momentum Investing Methods Momentum investing usually involves abiding by a strict set of rules based on technical indicators that dictate market entry and exit points for particular securities. Momentum investors sometimes use two longer-term moving averages (MAs), one a bit shorter than the other, for trading signals. Some use 50-day and 200-day MAs, for example. In this case, the 50-day…
Price Action Trading
“Trade what’s happening, not what you think is gonna happen.” – Doug Gregory Price action trading is the process of reacting to current price to make entry, exit, and holding decisions. It is replacing opinions and predictions with valid signals. A signal is a quantified reason to enter a trade, stay in a trade, and…