Why Is Speed & Momentum Important To Trading Decisions

Показать описание

Momentum in forex trading refers to a sudden increase or decrease in the value of a currency. This circumstance is frequently depicted on the chart as a series of equally directed extended candles. Trading on such moves is more likely to be classified as short-term. To work, a trader needs to understand basic regulations and analytical skills.

One of the primary characteristics of speed is the possibility of an early market attempt to reclaim positions. For a given distance, the chart shows a sharp surge in price followed by an equally rapid decrease. The trader gains a genuine opportunity to profit from corrections while investing the least time and effort in opening a position.

To learn more, please subscribe and watch our other videos @InvestorsTradingAcademy