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Ahsan U. Haque Rank: 44 Followers: 23 Votes: 35 Years Member: 5 Last Update: 24 May 2013, 23:50 Categories: Swing Trading
General Market Commentary
Momentum Stocks

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Investment should follow 6 rules.
1.Always above the green line.
2.Always go Relative Strength or SCTR (Stock charts Tech Rank)
3.Always look trend line.
4.Buy signal should be <20 and Turing up.
5.Always use forks.
6.Always use Bollinger bands when stock over BB band we should caution and under BB band buy stock with tight stop.

A. Short term Trader

1. Buy signal below 20 and then turns up.
2. Place sell top under recent low when Slow STO indicator crosses over 50, raise top to entry point remember and over 80 Slow STO caution and always hold your investment.
3. Use 1/5/15/30/6om charts and wait for 2 of 3 buy indicators.

B. Medium term traders:

Take Profit when stock close below 50 day moving average.

C. Long term investors:

Keep investments as long as stock Above Green line and 90 Relative Strength (SCTR)