Most often these strategies uses RSI or indicators that tells if there is a long or short momentum.
If the buyers are coming in then there is a momentum upwards. Meaning you expect the price to continue upwards.
It the momentum is on the bear side then you expect the price to continue downwards.
Most of the time I use Trend Following Strategies together with Momentum Strategies for a higher probability of winning. It's easier to always trade with the trend.
2
2 reads
CURATED FROM
IDEAS CURATED BY
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates