|
|
Short-term momentum signals in the euro
|
CT-May 2008-3
|
|
Systematically capturing short-term momentum moves is complicated by the influence of trend and changing market conditions.
|
Detailed Description
The idea behind the following swing-trade setup is a common one: Enter in the direction of the prevailing momentum (i.e., trend) when the market offers an advantageous price (i.e., a correction of some kind).
The two requirements for this setup are: 1) determining whether the current trend is up or down and 2) determining when price has corrected enough to merit taking a position.
|
|
|