Wednesday, January 16, 2008

Momentum Analysis Reminder..

Jika anda ingin menggunakan momentum sebagai analysis.. antara important rules ialah apabila trend is down; maka apabila momentum suggest retracement... Ini bermakna dalam that TF price may kiss 5 sma sebelum continue down.. or at least price will remain at that level until 5 sma come to kiss the price...

"So never use momentum analysis untuk pick the bottom or top.. In downtrend; we don't open long position when momentum suggest retracement and in uptrend; we don't open short position when momentum suggest retracement... but in strong downtrend; we may add new position to short if price kiss 5 sma provided both 1hr and 4hr trend still strong downtrend and in strong uptrend; we may add long poisition after price make complete retracement provided both 1hr and 4hr still suggest strong uptrend"..

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