Momentum Is My Call To Action!


What is my call to action?


The answer is found in a single word...


Momentum

For me, momentum occurs when the price of a stock sets a direction.

For me, it occurs when the price of a stock picks up speed.



There are two ways I find momentum on a chart:

1) Rising/Falling Chart Pattern


I look for broad trends moving in a definite direction.

2) Rising or Falling Candles


I analyse the highs and lows of each candle. I'm looking for candles moving in a set way.


Momentum is an important aspect of my trading plan.


If I don't see momentum, I don't act.