Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I'm an old trader always looking to expand my horizons. The other day you mentioned Alexander Elder. I haven't read any of his books. Which one would you recommend reading first? Thanks for the thread, keep up the good work
Reviewing some of the missed action in the markets for this past week.
Here's an example of how I look at momentum displayed right on the price action and how it might give us clues/hints to future action.
Monitor the depth of pullbacks against the trend, and the depth of new legs in the direction of the trend. They don't give information by themselves, but when you compare one pullback vs the last pullback... THAT is information as to what the momentum is doing.