FOREX THEORY
Momentum Tricks
Wait for a crossover
But, you know what they say,
patience is a virtue. It’d be better to wait for the stochastic to make a
downward crossover as confirmation that the pair is indeed headed down.
A couple of candles later, the
stochastic did make that crossover. Playing that bearish divergence would’ve
been pip-tastic!
What’s the main point here? Just be
patient! Don’t try to jump the gun because you don’t quite know when momentum
will shift! If you aren’t patient, you might just get burned as one side keeps
dominating!
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