The rocket booster strategy may take you time to understand but i want you to look at the chart above what do you see? -- You will notice the following 3 steps:
-The price is above the 50 MA
-The price is above the 200 MA
-The price has gapped above the both MA's
-- This is how the parabolic system can be used with the rocket booster strategy for short-term trading -- But you need to remember that in short-term trading you always have to take profits -- If you want to invest then I would suggest you study fundamental analysis because this is not what I write about
My goal is to teach Technical analysis for short-term trading only.
If you got value from this rocket boost this content to learn more.
-- Disclaimer: Trading is risky you will lose money whether you like it or not because of this you need to learn risk management