Traders Laboratory - View Single Post - Momentum vs Non-Momentum
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Old 05-16-2007, 01:21 PM
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walterw walterw is offline
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This member is the original thread starter. Re: Momentum vs Non-Momentum

In terms of indicators, they are a derivation of price... so yes they will always lag...

what an indicator can do for you is what a satelital nav on your car can do when you are traveling... make your journey more easy and tell you where you are...

the nav its not the road... but it shows you where you are...

For example today, this outerbands tell us clearly the type of day we are having...

and yes, I still dont get a decent flip ¡¡¡ there is no momentum... we cycle back and forth between bands, wich is a nice reason I am developing the "cycle" trade wich I will soon present... cheers Walter.

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