
OvalX Trading Strategy Course 2/4: The Momentum Breakout Strategy (January 2023)

You will learn
• What qualifies as true support and true resistance
• Why multiple time frame analysis is essential
• The technical analysis components and rules for the Momentum Breakout Strategy
Webinar Host
Whilst building his career in sales, Roger's passion for trading stocks soon developed into a full-time profession. Now part of Trade With Precision after finding success trading options and futures, his journey is one that Retail traders can truly relate to.
In-depth description of this webinar
Technical analysis is the study of patterns that occur repeatedly on our price charts. One of the most important concepts in technical analysis is the idea of support and resistance levels. The momentum breakout strategy exploits these levels at the point where they are met by an ongoing trend. The levels identify precise levels for entering a trade, and the structure of the trend gives a controlled way of managing our risk.
In this two hour webinar, the complete rules of the momentum breakout strategy will be disclosed. If you trade a strategy, you should understand it and own it. If a rule exists, it should be justified and reasoned. So, we will teach you the core principles of technical analysis, and the rules will be developed based on these principles.
You will see a natural progression of logic such that the strategy rules act not as a set of instructions to be blindly followed but as a summary of a logical thought process based on sound principles of trading and understanding of trend behaviour.
Agenda
• Introduction
• Support and Resistance
• Managing Risk
• Multiple Timeframe Analysis
• Rules for the Momentum Breakout Strategy
• Examples
Experienced traders understand that there is a high element of randomness to the markets - therefore they will experience both winning and losing trades whilst following a trading strategy. It is essential that the use of a strategy is combined with responsible money management and risk management. Different traders following the same strategy will achieve different levels of performance, and there is no guarantee of profitable trading.
This even is now over. Visit the link below for to watch a recording:
https://attendee.gotowebinar.com/recording/6641061653232084737
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Hosted by Roger Tricco.
Technical analysis is the study of patterns that occur repeatedly on our price charts. One of the most important concepts in technical analysis is the idea of support and resistance levels. The momentum breakout strategy exploits these levels at the point where they are met by an ongoing trend. The levels identify precise levels for entering a trade, and the structure of the trend gives a controlled way of managing our risk.
In this two hour webinar, the complete rules of the momentum breakout strategy will be disclosed. If you trade a strategy, you should understand it and own it. If a rule exists, it should be justified and reasoned. So, we will teach you the core principles of technical analysis, and the rules will be developed based on these principles.
You will see a natural progression of logic such that the strategy rules act not as a set of instructions to be blindly followed but as a summary of a logical thought process based on sound principles of trading and understanding of trend behaviour.
Agenda:
• Introduction
• Support and Resistance
• Managing Risk
• Multiple Timeframe Analysis
• Rules for the Momentum Breakout Strategy
• Examples
Experienced traders understand that there is a high element of randomness to the markets - therefore they will experience both winning and losing trades whilst following a trading strategy. It is essential that the use of a strategy is combined with responsible money management and risk management. Different traders following the same strategy will achieve different levels of performance, and there is no guarantee of profitable trading.