Today’s trading strategy is about a not so well-known trading pattern aka the bullish measured move. The measured moved chart pattern strategy is both a reversal and a continuation trading strategy. Our team at Trading Strategy Guides is working hard to put together the most comprehensive guide to different chart pattern strategies.
What is the measured move?
Trading the Measured Move offers a blueprint for profiting from the price waves created by computer-driven algorithmic and high-frequency trading strategies. The core of author David Halsey's approach is a novel application of Fibonnaci retracements, which he uses to set price targets and low-risk entry points.
How to make money trading Forex?
The measured move chart strategy is an easy way to make money trading forex. You simply have to employ this step-by-step guide on how to use the measured move and you’ll be in tune with the market rhythm. In essence, trading the measured move is simply an attempt to predict how far the market will continue to move after a price event.
What is a moving average in trading?
Summary 1 A moving average is a technical indicator that investors and traders use to determine the trend direction of securities. 2 It is calculated by adding up all the data points during a specific period and dividing the sum by the number of time periods. 3 Moving averages help technical traders to generate trading signals.