TER - JULY 24 MATrend Unsustainable Momentum

Mis à jour
- Aligns with larger bullish uptrend
- I wanted to enter at 1am, after the lunch dip, but my limit entry got activated at 12midnight. (I need to monitor this timing behaviour for Long unsustainable momentum patterns


Exit Requirements (15M Chart)
- Selected 20SMA Cross as it historical was more synced with price movement
- Move BE when price hits 0 Fib


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 fermée manuellement
After shooting up at the opening, price went back below the 0 Fib and crossed the 15M 20SMA. Following our Early Exit plan, we closed the trade.

Price action was also not forming the bullish momentum trend pattern
Chart Patterns

Clause de non-responsabilité