RSI(2) On QQQ (RSI Mean Reversion Trading Strategy Nasdaq)
Back in 2016, I published an article on using short-term RSI (relative strength index) on SPY. The RSI has proven to be a valuable indicator/tool for mean reversion in the
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Nasdaq (QQQ) Mean Reversion
Below is a simple and easy trading strategy to implement in QQQ: IBS (internal bar strength) must be lower than 0.25. RSI (5) must be below 25. If 1 and
Continue readingMonday/Tuesday Trade In Nasdaq – Update
In 2018 I wrote about a potential Monday/Tuesday trade strategy in Nasdaq (QQQ). How has this strategy performed during the Covid-19 mess? Pretty good, actually. I’ve been trading this strategy,
Continue readingMonday/Tuesday Trade In Nasdaq
One very simple strategy for QQQ/Nasdaq: Today is Monday OR Tuesday. IBS (c-l/h-l) is 0.1 or lower. If conditions 1 and 2 are fulfilled, go long at the close. Exit
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