Trading Using the MOMO Strategy and How to Use It on the Binomo Trading Platform

In the trading world, there are several traders types and various strategies they can use. We are all different and we have to determine what works well for us. Today, we present a strategy that is good for short-term traders who expect fast results. It is known as a MOMO strategy.

Setting up the chart
Before you apply a certain kind of strategy, you must prepare your chart. Log into your Binomo trading account and choose the asset you will trade in the session. For the MOMO strategy, I suggest major currency pairs.