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RE: Trading made Simple #8 - Momentum Indicator

in #trading8 years ago

Source: https://books.google.com/books?id=yXXCBwAAQBAJ&lpg=PA131&ots=-XG1yJBMDC&dq=Think%20of%20momentum%20as%20the%20strength%20of%20the%20trend.%20When%20you%20trade%20in%20the%20direction%20of%20the%20trend%20you%20want%20to%20know%20whether%20it's%20a%20strong%20trend%20(in%20which%20case%20you'd%20expect%20the%20market%20to%20continue%20in%20the%20direction%20of%20the&pg=PA131#v=onepage&q=Think%20of%20momentum%20as%20the%20strength%20of%20the%20trend.%20When%20you%20trade%20in%20the%20direction%20of%20the%20trend%20you%20want%20to%20know%20whether%20it's%20a%20strong%20trend%20(in%20which%20case%20you'd%20expect%20the%20market%20to%20continue%20in%20the%20direction%20of%20the&f=false