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Understanding Momentum in Investment Technical Analysis
book

Understanding Momentum in Investment Technical Analysis

by Michael C. Thomsett
June 2019
Intermediate to advanced content levelIntermediate to advanced
146 pages
3h 15m
English
Business Expert Press
Content preview from Understanding Momentum in Investment Technical Analysis

Part III

Trading with Momentum Oscillators

CHAPTER 9

Coordinating Oscillators with Other Indicators

Overview: Oscillators are effectively used along with volume and price indicators. The oscillator judges the strength and speed of price activity, but not the direction. Thus, it may be an initial signal or a confirmation of other signals. Traders must recognize the value as well as the limitations of momentum and need to rely on a set of different signal types for signal and confirmation.

No oscillator or any other indicator should ever be relied upon by itself. Confirmation is required before any trade is entered, because nothing works 100 percent of the time. Even the most reliable signal may be a false signal, representing a coincidence of ...

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Publisher Resources

ISBN: 9781949991635