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How to Confirm Your Trade with Oscillators to Prevent a Trading Traps
“When a long-term trend loses its momentum, short-term volatility tends to rise. It is easy to see why that should be so: the trend-following crowd is disoriented.” -George Soros Perfection is not in the lexicon of the technical trader. Instead, we look for trades where there are significant odds in our favor. The way that we will look to see if increasing odds are in our favor is through the use of an unrelated indicator. Today we will look at two methods to confirm our trades: On-Balance Volume Oscillators While traditional traders from other markets will likely use volume to confirm a trade, there are many ... (full story)