I'm no trader, but recently I've been trying to pick entry points that I might use to buy in. I'm doing pretty good (in my head at least). All I think I'm really looking at is what might be thought of as "velocity" - the market is going down very fast. But then it slows down greatly. At these points it seems more often than not there is a pullback/new rush up.
So my question - are there any technical indicators that are based on "velocity" or price move metrics?
Thanks!
So my question - are there any technical indicators that are based on "velocity" or price move metrics?
Thanks!