Trading with 'momentum'
In his latest spread betting video tutorial, John C Burford explains how you can use 'momentum' measures for spotting changes in the direction of a market.
Welcome to my latest spread betting video tutorial. This week, I want to deal with 'momentum'. And how you can use momentum measures for spotting changes in the direction of a market.
Momentum is one of the most basic of all technical indicators, and appears on almost every spread betting platform. In short, it's a way of measuring the strength of a trend, which can be either up or down. Yet momentum is a formidable methodology for making trades at low risk, and also for exiting profitable trades.
In this video, I will explain:
What momentum measures;
A simple way to use momentum, and how it provides solid clues for spotting looming changes in a trend. In turn, this will give you the most potential for making large gains;
How to combine momentum with other trading methods
And if you haven't seen them yet, or you would like a refresher, do take a look at my other video tutorials.