- D1 larger trend is aligned to our bearish direction
- When I started this trade I decided to close it within the day instead of letting it run because I noticed that UBER had huge price spikes at market opens. I didn't want that additional unknown volatility variables.
MATrend Unsustainable Momentum (Systematic) ⏪
The strategy identifies stocks (Tech sector ) that follows the larger market regime's momentum of the day and because they are unable to maintain it price breaks down quickly
Tight stops aligned to the price behaviour we are trying to capture. Which is a rapid break of the momentum.
- When I started this trade I decided to close it within the day instead of letting it run because I noticed that UBER had huge price spikes at market opens. I didn't want that additional unknown volatility variables.
MATrend Unsustainable Momentum (Systematic) ⏪
The strategy identifies stocks (Tech sector ) that follows the larger market regime's momentum of the day and because they are unable to maintain it price breaks down quickly
Tight stops aligned to the price behaviour we are trying to capture. Which is a rapid break of the momentum.
Trade closed manually
Yay 2.57R captured
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.