Showing posts with label Trade locations with momentum. Show all posts
Showing posts with label Trade locations with momentum. Show all posts

Sunday, September 21, 2014

Momentum trading

Importance of Elongated Candlesticks

I take some time to update the text, But in the meantime we have some more clues that market activity was balanced inside the bracket and market was ready to squeeze outside the bracket but soon afterwards we saw some selling and Again today after the test we see some aggressive traders participate again and mark the price higher even strongly than earlier.

Another classic example of Momentum trading

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