intraday traders

intraday traders

Power Measure - This is one of the key measures intraday traders followed with a blog and are useful for both intraday traders and short-swing trading. It is the best measure of trendiness that I managed to Development. Different from trendiness is momentum. It is a measure of the market tends to move directly to a specific period of time. A high number of positive measure indicates strong energy-market uptrend. Extreme negative numbers, strongly suggests downtrending-market. Measure power readings near zero represents a Sun-trending, choppy markets. All other things being equal, when the energy measure is significantly positive, should be intraday traders buying dips in the market. When the power measure is clearly negative, should be intraday traders sold the market bounces. The neutral trending market, intraday trader looks for breakouts to trade or fade Or depends on the strength behind the candidate breakout move. If I had to summarize my intraday trading strategy for a few seconds, I would say take positions in terms of power and institutional Composite Measure (see above) When both theses are positive / negative or increase / decrease.