trading the momentum cycle

Discussion in 'Journals' started by padutrader, Jul 5, 2018.

  1. padutrader

    padutrader

    The basic question in trading is who is stronger. if you look at the swing marked with the yellow trend line and yellow arrow , that is not so strong as the bar marked with the yellow arrow.
    But that bar marked with a yellow arrow is a bear flag as is the last three bars

    e3.png
     
    Last edited: Jul 18, 2018
    #151     Jul 18, 2018
  2. padutrader

    padutrader

    that is absolutely true but what makes your comment very interesting is that your trading strategy is totally dependent on what your perception of market : range or trend.
    That range is usually a flag .....
     
    #152     Jul 18, 2018
  3. padutrader

    padutrader

    strength in a range should be faded.....but what risk management?
     
    Last edited: Jul 18, 2018
    #153     Jul 18, 2018
  4. padutrader

    padutrader

    thinking about this it is getting more interesting...if strength in a range is to be faded...what about strength breaking out of a range?

    And just what is a range: any where the market has visited more than once; like a pullback
     
    Last edited: Jul 18, 2018
    #154     Jul 18, 2018
  5. padutrader

    padutrader

    long eurusd 1.1642 stop 1,1639 yellow arrow on chart eu.png
     
    #155     Jul 18, 2018
  6. padutrader

    padutrader

    i have added volume price analysis to my price action analysis-momentum- since it not only helps entry but exit and trade management.
    you will now see huge difference in my trades
     
    #156     Jul 18, 2018
  7. padutrader

    padutrader

    closed eur long 10 pips eu1.png
     
    #157     Jul 18, 2018
  8. How do you use it?

    Es

     
    #158     Jul 18, 2018
  9. padutrader

    padutrader

    see this trade...will pm you eu3.png
     
    #159     Jul 19, 2018
    Alfing likes this.
  10. padutrader

    padutrader

    sold eurusd details on chart 15min shown: VPA signals on 15 min and daily chart so expecting a'big' move; but will watch market action as one way move down extremely unlikely, even though London is opening

    eu4.png
     
    #160     Jul 19, 2018