If $ COH meets my specific criteria for a low - risk short selling entry point, I will provide subscribers of The Wagner Daily newsletter with my exact entry, stop, and target prices for
the momentum trade setup.
For
this momentum trade setup, we are looking for potential buy entry on a slight pullback from the March 4 move (the price must drop to the exact buy limit order listed in today's Wagner Daily in order to trigger the trade).
As such, note that our projected holding period of
this momentum trade setup is expected to be shorter - term than our typical ETF swing trade.
Subscribers to our swing trading service should note our exact entry, stop, and target prices for this short - term
momentum trade setup in the ETF Watchlist section of today's newsletter.
Subscribers to our ETF and stock picks newsletter should note our preset and exact trigger, stop, and target prices for the $ DZZ
momentum trading setup in today's report.
Nevertheless, we have just spotted two very short - term
momentum trade setups (one ETF and one individual stock) that could be in play...
Not exact matches
As such, we are now targeting this
trade as an «official»
momentum swing
trade setup on today's watchlist.
In this educational blog post, I walk you step - by - step through the technical
setup of that
momentum - based swing
trade of $ JO.
Regular subscribers should note our preset trigger, stop, and target prices for this $ MX
trade setup in today's report, as well as several additional new stock and ETFs we are stalking for potential
momentum trade entry.
Whenever a stock meets our initial criteria for a potential Blast Off
trade setup, we add the stock to our internal breakout watchlist, then patiently wait for a proper, low - risk entry point to catch the next
momentum wave higher.
Overall, we like the technical
setup for a
momentum - based swing
trade buy entry into $ GLD, but we will patiently wait for a proper entry point first.
A huge day is brewing for stock investors, as futures markets have been very active throughout the overnight session, the much - awaited FOMC meeting minutes will come out in late
trading, following the key CPI report that has already been released, and the technical
setup points to a large
momentum move in the near future too.
This is called risk to reward, when we have our risk tight and our reward high, we have a solid
trade setup, especially with the signals and
momentum in our favor.
By building our
trading method around a handful of time - tested and repetitive price action
setups, we give ourselves the best shot at riding the
momentum of the market to consistent profits.
Instead of entering this swing
trade setup based purely on anticipation of the pattern working, our technical
trading system mandates that we first wait for price confirmation that indicates
momentum has shifted back in favor of the bears.
When we first explained the
trade setup on September 24, we said our estimated holding time for the swing
trade would be just 2 to 5 days because we were only looking for a «very quick,
momentum - based «pop» above the 200 - day MA.»
With this type of technical ETF
trading setup, the idea is not to catch a bottom; rather, we wait for some bullish
momentum to build before establishing a position.
Swing
Trading Bilateral
Trade Setups Exploring Market Physics Pattern Cycles: Declines Reversals Tops Highs Trends Breakouts Bottoms Scanning Tips and Techniques The Profitable Trader
Trading Execution Zone
Trading with Stage Analysis 20 Golden Rules for Traders 20 Rules for Effective
Trade Execution 20 Rules to Stop Losing Money Bottoms & Tops Adam & Eve & Adam Adam & Eve Tops Hell's Triangle Lowdown on Bottoms The Big W Corrections Anticipating a Selloff 5 Wave Declines Selling Declines Surviving Bear Markets Common Pitfalls of Selling Short Indicators Bollinger Bands Tactics Five Fibonacci Tricks Fun with Fibonacci Moving Average Crossovers Overbought / Oversold Overload Time
Trading Voodoo
Trading Market Dynamics Clear Air Cutting Losses Effective Market Timing Exit Strategies Greed and Fear Measuring Reward: Risk Pattern Failure Playing Failed Failures Breakouts Breakout
Trading Catch The Dow and Elliott Waves False Breakouts and Whipsaws Morning Gap Strategies The Gap Primer Trend, Direction and Timing Trend Waves Triangle
Trading Day
Trading 3 - D
Trade Execution Bid - Ask Pullback Day
Trading Tale of the Tape Tape Reading New Highs Mastering The
Momentum Trade Momentum Cycles Uncharted Territory
What I demonstrate in this video is how to use trend
momentum, 50 % retracements, and the pin bar
setup in combination with one another to create a confluent or high reward to risk
trade setup.
This is called risk to reward, when we have our risk tight and our reward high, we have a solid
trade setup, especially with the signals and
momentum in our favor.
Figure 3 illustrates a forex
trading setup that makes use of a unification of fractals (numerous time structures), Fibonacci - based moving averages (positioned at 89, 144, 233, 377 and their reversals) and a
momentum indicator.
However, this
trading setup goes against established
momentum.
This bullish
momentum hinted that this
trading setup might not succeed like the earlier ones.
Or if you've been making money by playing breakouts, it could mean that you prefer to
trade the news or take
momentum setups.
Using an Outside Bar same colour Strategy in
Momentum Trading can be very profitable but like all price action
setups and patterns, they perform better when used in conjunction with a trend or key support and resistance levels, this is why using our Price action indicator and its price action filters is so important.