The Traderszone Network

Published in TZ Latest News 24 November, 2014 by The TZ Newswire Staff

"Model Behavior" – Focus on the DecisionPoint Price Momentum Model (PMM)

The purpose of a trading model is to define certain conditions that, when met, alert us to consider making a decision to buy or sell. We assume that a large majority of technical analysts use trading models of some kind to assist in their trading decisions. DecisionPoint uses the DP Trend Model, DP Thrust/Trend Model and the Price Momentum Model. Let’s focus on the Price Momentum Model (PMM) as recent readings have undergone the mighty October correction and remain profitable. 

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