Financial Markets – Difference Between Overall Momentum & Immediate

hello this is marina the trader chick
real photo and today’s quick lesson of the day is over all momentum and
immediate momentum so what is overall momentum momentum is something that you
look at it could be within a day or you could even be within a few days for day
traders we met we watch a lot of what happens within a few days close to us
rather than you know a year or longer time frame because we want to focus on
what’s happening at that moment because our trades are so much smaller so this
is pretty much a couple of days worth of data right here and the overall momentum
is very obvious it is straight up and it’s actually straight and nights right
its strong overall momentum but as an intraday traitor this is obviously an overall momentum
this is where i watch everything happened with my 52 week . EMA line now
look what happens here even though this is still overall going up the immediate
momentum that i am watching right now is headed down after it has crossed my EMA
line with a lot of definition and a lot of strength i am now going to be looking
for shorts rather than four lungs which has been through the overall momentum so
basically the overall momentum could be a lot smaller or it could change
completely or it continued in the same and direction but in this short period
of time i’m going to notice that there are several good trades that I could
look out for and this is a perfect example of immediate momentum and
overall momentum I’m arena the traders should be a photo
and have a great day

Leave a Reply

Your email address will not be published. Required fields are marked *