“Momentum” simply means buy something if it is going up, and sell it if it is going down. There have been several academic surveys showing that applying this principle to all kinds of speculative markets is profitable over time and gives a winning trading “edge”.
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.
What We Will Learn In This Class:
1. The Momentum Indicators
2. The principles of trading Momentum
3. Momentum in multiple timeframes
Barry Norman
The Director of Investors Trading Academy as well as a published author and educator. Barry brings with him over 35 years of financial market knowledge and experience. He holds an MBA in Finance and Economics from UCLA and an undergraduate degree in Economics from the University of Maryland. Barry was award the title of “Best Education in Europe” by Global Banking & Finance. Barry is also a presenter for the MoneyShow and many well-known news sources.