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Forex Strategies
Forex Strategies
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The market momentum can indicate the continuation of a strong trend based on
demand/supply. Identifying fundamental changes and following the market momentum in
the early stages maximizes the odds of trading profitably.
It may indicate the participation of new buyers or new sellers. In general, these
price levels include:
Breaking upwards or downwards the 200-day SMA can prove a strong alert for a price
reversal. Given, this crossing meets the criteria of proper confirmation by time
and price.
VWAP is a ratio used in equity trading measuring the value traded to total volume
traded over a particular timeframe -usually one day.