Tags Posts tagged with "Momentum Trading"

Momentum Trading

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This momentum strategy is very straightforward. All you need is the Bollinger bands indicator and to do some basic checking of chart candles. It trades on chart patterns that display signs of pending momentum – that is upward or downward acceleration in price.

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Swing trading works by trading on the recurring movements or swings that happen in currency markets. Most strategies trade in the direction of the prevailing trend.