In this trading lesson, I will share the setup I use when day trading the 3X ETF’s. It works for stocks too, but I prefer to watch the leveraged ETF’s, since they can move well on trending days, and I only have about 14 charts to watch. These are short-term trades meant to capture small […]
03 May
Posted by Momentum-Trader as Trading Lesson
Imagine being able to get into a trade before a big momentum move takes place. This seems difficult to do, but there is a setup that can help you do this. The setup uses Bollinger Bands (20,2), the Keltner Channel (20,1.5) and the 12 period Momentum Oscillator to predict a momentum move. This setup, […]
