Even though Friday’s range in the S&P e-minis was fairly small compared to the last several days and was also an inside day, there were good trading opportunities.
For the trader using tick charts and a momentum oscillator, there were four well-defined trade setups that caught solid moves during the day. Two were long-side trades and two were to the short side.
There is nothing fancy about the momentum oscillator – it has been around for decades. Those who know how to use it, however, possess a real working tool that aids in trading decisions. Like anything useful in trading, it works in all markets and all timeframes.
We will be doing a training webinar shortly on how to use this tool, including specific trade setups and how to capture moves like these. It will be at least a couple of hours and is only on the topic of the oscillator, so you will learn this tool in depth. You can learn more about this unique training opportunity here: Momentum Oscillator Training Webinar
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