Relative Strength trading still in business ?

Discussion in 'Strategy Development' started by Sundog, Aug 11, 2005.

  1. Sundog

    Sundog

    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
     
  2. divergence works on fx - that'll get in you in the trade.....