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Lessons In Momentum

  • Writer: Steven
    Steven
  • 3 days ago
  • 1 min read

Encountering the obvious limitations of our bottom-up momentum chasing strategy defines an edge that puts the strategy in some perspective. The further we move into either strategy to the exclusion of the other the more at risk we are for serious oversights. There is valuable information in our top-down approach unobtainable by even the most thorough and intelligence observation bottom-up. So today we're analyzing from top-down (I need to decide for proper terminology when referring to this perspective) to recoup our losses from yesterday, where we will pick up with our momentum live trades thereafter.


Good Trading.


 
 
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CONQUEST STRATEGIES

Blog of an Australian Currency Trader, Steven Conquest. 

 Trading Ideas, discussions, setups and strategies are posted weekly.

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