Money classic investment adviser is of the most versatile firms which has settled its empowerment in this advisory business and enhanced its business by emerging new techniques of providing Intraday tips for tomorrow and other trading tips, although to educate the traders online and help them to take money making decisions, as some of them are given below accordingly here it tells how the momentum reversal strategy helps a trader to trade and make money:-
1. The strategy seeks trading opportunities through the combination of fundamental and technical analysis.
2. It requires a trader to analyze the fundamental aspects of the traded currency to establish mid to long-term trend first. Then it uses the price momentum, support, and a resistance zone to spot market reversals.
3. The strategy allows to enter the market at low risk and provide a large profit potential through advanced money management.
4. All trades plan in advance to give a trader enough time to enter the market every time. Most trades are placed as pending limit orders often executed during London’s session.
5. The strategy works well on all major US Dollar crosses. It generates between 1-5 signals per month. All trades are entered and held for anything up to several weeks depending on the price action and the market fundamentals.
6. The strategy has been traded in live markets for the last 15 months and its performance is clearly documented in the performance section.
The strategy uses a few indicators only: Stochastic Oscillator (multi-timeframe), Support and resistance, Fibonacci retracements.
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