Momentum Indicators measure the rate of change in closing prices and are used to detect trend weakness and likely reversal points. They are often underrated because of their simplicity, but the importance of simple momentum in the Forex market should not be overlooked.
In this lesson we will learn some extra handy tips that come in useful when using momentum indicators: momentum trading can be just as profitable as S/R trading.
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We strongly recommend you open a free trading account for practice purposes.