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How To Trade With Momentum

FX_IDC:NZDUSD   New Zealand Dollar / U.S. Dollar
How To Trade With Momentum

Momentum
Think of moentum as the force that drives prices.

Speed
This is the level at which the prices are moving.
Movement
The way at which the prices are moving can show you the best trade to take wther you are buying or selling.

Direction
The distance from the market open to market close will show you the best direction to takw on a trend.

Accuracy
In trading you need to be accurate this is the key.
Timing
The problem with crowds is that they do not consider time managemnt so as a trader you need to learn how to manage time.

Trading
You need to practise all the time to improbe your trading skills.

Rate Of Change
Do not fear change as this is what drives the market forces in any sector.

7 Days
This is the best range to follow when you are trying to trade the momentum stocks, of whatever industry you prefer.
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