The CM8 - 50RSI Trading Strategy is a robust strategy with clear entry criteria that can provide excellent returns if managed properly.
CryptoMates offers mentoring of the 50RSI strategy, which is based on a "retest" of the RSI 50 level, this strategy can be traded in all market conditions - Bull Markets, Bear Markets and during consolidation.
Once an entry is confirmed, Traders have many different options on how to manage the trade. Some traders opt for a "get in and get out" approach by setting clear Targets. Other traders will realise partial profits at key levels of support or resistance.
During this mentoring session, you will:
- Learn how to set the required Tradingview alerts that will first alert you to the possibility of a trade
- Learn how to initially identify potential trade setups
- Learn what action to take and when to take it, once the setup has been identified
- Understand what entry criteria to look for to assist with your analysis
- Learn different Trade Management techniques that can be implemented during the life of the trade
- Receive templates to assist with the Trade Documentation of this strategy
The strategy is taught via a 1on1 Zoom session.
Learn how to do trades like these on your Trading Account. Buy now and select a time that suits you. Times are subject to availability and are booked directly via access to the booking Calendar.