I Have Made +130 PIPS – Simple and Powerful Momentum Trading Strategy Explained – (High Winrate)

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Simple and Powerful Momentum Trading Strategy Explained (High Winrate)

In today’s video, we go through a simple momentum trading strategy that you can use to trade Forex, Stocks, or Cryptocurrency. This is a momentum trading strategy that you can leverage as part of your daily scaling or even swing trading. The strategy relies on Williams %R indicator that you get to find on Tradingview.

“Momentum” simply means buy something if it is going up, and sell it if it is going down. There have been several studies showing that applying this principle to all kinds of financial markets is profitable over time and gives a high winning advantage.

Another type of Forex momentum strategy is a “best of” momentum trading strategy which buys those assets that are going up the most strongly and sells those going down most strongly. This also tends to work well and in fact, tends to produce a greater reward to risk ratio than simple momentum strategies.

If you are looking for a solid trading strategy to capture pips on a daily basis that this strategy is for you.

#Momentum_Trading_Strategy #Trading

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