More often than not semantics and personal perspective are involved somewhere in the discussions e.g.
I call the 3ducks timeframe stacking and work in reverse i.e. from the bottom up - which came first the chicken or the egg? - and I don't consider it a momentum play but as you say "a flower by any other name just as sweet would smell" - Shakespeare?. You did a better job of explaining it than they did although I think you are really talking about trend trading since: momentum has rate (distance per time), trend has direction. brian_z --- In [email protected], "Rakesh Sahgal" <[EMAIL PROTECTED]> wrote: > > Semantics - thats what you are talking about. Consider this for a moment [a] > You have a directional bias in one time frame [b] To profit from that you > drop down one time frame [c] You enter a trade when a pre-defined trigger is > pulled e.g. a pivot low/high taken out in the direction of the larger > trend(trend in the next higher time frame). So the *"momentum"* in the time > frame you are trading is bringing you profit and the trade decision is based > on the trend in the next higher time frame. We chose to apply it any label > that we feel comfortable with. > > Best Regards > > R > > On Thu, Jun 19, 2008 at 4:53 AM, brian_z111 <[EMAIL PROTECTED]> wrote: > > > > http://captaincurrency.blogspot.com/2007/01/3-ducks-trading- > > >system.html ). > > > > I don't regard the 3ducks system, as 'explained' at this site, as an > > example of momentum trading. > > > > It is merely a teaser for both timeframe trading and trend trading > > but neither subjects have been well treated in this article. > > > > Timeframes, trends and momentum are separate, but inter-related parts > > of 'holistic' trading. > > > > brian_z > > > > > > --- In [email protected], "Rakesh Sahgal" <rakeshsahgal@> > > wrote: > > > > > > Hi D > > > > > > There is one thing you can look at - a momentum based system which > > has a > > > simple multiple time frame approach as it's basis. There was a link > > posted > > > here about a person who had developed such an approach in the forex > > side of > > > the market ( > > > http://captaincurrency.blogspot.com/2007/01/3-ducks-trading- > > system.html<http://captaincurrency.blogspot.com/2007/01/3-ducks- trading-system.html>). I > > > use something similar. With appropriate money management safeguards > > I have > > > found it to work, to the limited extent I have used it. > > > > > > R > > > > > > > > > > > > On Wed, Jun 18, 2008 at 11:53 PM, dingo <dingo@> wrote: > > > > > > > I'd like to study "momentum investing (trading)" and would like > > some > > > > recommendations from those of you who might be into the momentum > > style > > > > trading. Some good background info would be great as well as how > > you're > > > > using AB in your trading. > > > > > > > > Thanks for any and all suggestions! > > > > > > > > d > > > > > > > > > > > > ------------------------------------ > > > > > > > > Please note that this group is for discussion between users only. > > > > > > > > To get support from AmiBroker please send an e-mail directly to > > > > SUPPORT {at} amibroker.com > > > > > > > > For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG: > > > > http://www.amibroker.com/devlog/ > > > > > > > > For other support material please check also: > > > > http://www.amibroker.com/support.html > > > > Yahoo! Groups Links > > > > > > > > > > > > > > > > > > > > > > > > > > > ------------------------------------ > > > > Please note that this group is for discussion between users only. > > > > To get support from AmiBroker please send an e-mail directly to > > SUPPORT {at} amibroker.com > > > > For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG: > > http://www.amibroker.com/devlog/ > > > > For other support material please check also: > > http://www.amibroker.com/support.html > > Yahoo! Groups Links > > > > > > > > >
