Momentum Divergence in the Aussie Dollar, and a textbook set-up

These trade ideas I learned from watching Linda Raschkes work, and playing with the concepts my self. I want to get better at spotting these set-ups in the wild as opposed to cherry picking them after the fact. If you are looking to learn more about the concepts I discuss in this video, I recommend you find Linda's youtube channel, and study her library of videos,.I have picked up little nuances on these concepts from each one. Specifically, her videos on momentum oscillators, taylor trading, and acclerating your evolution as a trader cover the nuts and bolts of what I discuss here. I also think her book Street Smarts is a must read if you do decide that this style of trading is interesting to you.

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I forgot to mention the new rate of change lows in addition to that impulse lower is important as well.