You can't predict the future, but if you see a car going 100 miles an hour toward a picket fence, you have a pretty good idea. In trading, this concept is called momentum and it is one of the most widely used factors in creating effective, profitable technical indicators.
Penn shows you three secrets that allow you to capitalize on the power of momentum indicators. Momentum indicators are excellent for getting on the right side of the trend and spotting the reversal before it happens. With a mastery of momentum, traders can put this predictability to work making them money.
Penn shows you three secrets that allow you to capitalize on the power of momentum indicators. Momentum indicators are excellent for getting on the right side of the trend and spotting the reversal before it happens. With a mastery of momentum, traders can put this predictability to work making them money.