High Probability Trade Setups Using Trend, Valuation & RSI
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I like "Ducks in a Barrel" type trades. Trades I would call "dumb guy trades". If you have average (or less than average) intelligence (like me), this strategy is for you.
Simple and effective.
Identify strongly trending markets.
In Uptrend: Buy undervalued Buy oversold Buy bearish sentiment
In Downtrend: Sell Overvalued Sell Overbought Sell bullish sentiment
Credit to Larry Williams for introducing me to this goldmine of a concept.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.