Who else is still trading Relative Strength or Weakness ?
Which market ?
Nowadays, it is tough, but I think it still works.
For Stocks:
MSFT is of course a good candidate, but usually I am too slow to get on the move! Hence, I am scanning for Tier 2 stocks to catch a move in correlation with Tier 1 and Index.
RS must be working not only for stocks !
What about Forex ? DO you trade $/Yen , EUR/Yen according RS ?
Personally never tried it in Forex, but I am curious.
Brgds
Sundog
Which market ?
Nowadays, it is tough, but I think it still works.
For Stocks:
MSFT is of course a good candidate, but usually I am too slow to get on the move! Hence, I am scanning for Tier 2 stocks to catch a move in correlation with Tier 1 and Index.
RS must be working not only for stocks !
What about Forex ? DO you trade $/Yen , EUR/Yen according RS ?
Personally never tried it in Forex, but I am curious.
Brgds
Sundog