Momentum Explained

This book talks about the basic principles of momentum interpretation - how to use them, when to use them, and why they increase. Trading Accuracy Momentum is the measurement of a price move's velocity, and is one of today's most popular technical analysis tools for spotting trends and turning points. "Momentum Explained, Volume 1" offers an in-depth introduction on the use of momentum analysis in markets, from stocks and indexes to commodities and currencies. Hands-on tips and techniques, actual trading charts, and examples from real-time trading explain how to generate accurate, momentum-based buy and sell signals using: oscillator interpretations; classic divergences; divergence variations; trendlines; peak and trough analysis; moving averages; changes in primary trends; the Relative Strength Indicator (RSI); the Moving Average Convergent Divergence Indicator (MACD); and stochastics. McGraw-Hill's "Martin Pring on Technical Analysis" series is an excellent teaching tool for in-depth research, instant reference, and interactive review. It provides technical traders with remarkably accurate methods - proven effective in today's fast-moving markets - for anticipating and exploiting trends. Actual trading charts show you market momentum in action!