THESE TRADES ARE BASED ACCORDING TO THE METHODS OF SMART MONEY CONSETPS
HERE ARE THE FEW KNOWLEDGE ABOUT IT
What Is Smart Money?
Smart money is the capital that is being controlled by institutional investors, market mavens, central banks, funds, and other financial professionals. Smart money was originally a gambling term that referred to the wagers made by...
KEY TAKEAWAYS
The five-minute momo strategy is designed to help forex traders play reversals and stay in the position as prices trend in a new direction.
The strategy relies on exponential moving averages and the MACD indicator.
As the trend is unfolding, stop-loss orders and trailing stops are used to protect profits.
As within any system based on technical...