download process

The 5-Minute Forex Momo Trade














Problems with checkout?
Try your download again
Instant Download
Price:
39.00
USD


Tradebit buyer protection fee included.
Pay with Credit Card


Instant Download from collinsnwafor2002, digital version

Pay for The 5-Minute Forex Momo Trade
0.6338 MB RAR File

The Five Minute Momo forex strategy looks for a momentum or momo burst on very shortterm (five-minute) charts. First, traders lay on two forex indicators, the first of which is the 20-period exponential moving average (EMA). The EMA is chosen over the simple moving average because it places higher weight on recent movements, which is needed for fast momentum trades. The moving average is used to help determine the trend. The second indicator to use is the moving average convergence divergence (MACD) histogram,


which helps us gauge momentum. This forex strategy waits for a reversal trade but only takes advantage of it when momentum supports the reversal move enough to create a larger extension burst. The position is exited in two separate segments; the first half helps us lock in gains and ensures that we never turn a winner into a loser. The second half lets us attempt to catch what could become a very large move with no risk because the stop has already been moved to breakeven.
Tags: forex, trading


(ID 150908214)

File Data:

Contact Seller:
collinsnwafor2002, USA, Member since 08/29/2009

URL:

Embed:
Create JavaScript Mobile Tag Widgets for your homepage

Resell product:

More Files From This User

Related Files


Tradebit Reviews

Tradebit is the worlds largest marketplace for digital files, with over 2.5 million satisfied customers and millions of digital products. Online for over 12 years, Tradebit is the best place to find files like music, video tutorials, repair manuals, and more. If you're curious about how much our users love Tradebit, read reviews from real buyers!