The Best Leading Indicator

Top Dog Trading

Many say there’s no such thing as a leading indicator. They even take pride is saying they only use pure price action and volume. I’m not sure why they think that’s so impressive: They say that all indicators are lagging and that they only plot what’s already been done in the market … and that’s true. But that’s also true of price action. And that’s also true of volume. So what is the leading indicator and why is it a leading indicator of what the market is likely to do in the future? The answer: Momentum is a leading indicator. Here’s why: Not magical, but mathematical. Example of you walking North (you could turn around and go South in one footstep) vs train going north (because of its momentum, it can’t turn around in the distance of one human foot step) In Chicago Floor example. What IS momentum? Velocity times mass. Speed of orders and volume of those orders. But volume of individual orders to find the whales. Is momentum always a leading indicator? No, nothing is, and so there are certain signals called “momentum shift signals” that are the only times we have a high probability indication of what the market will do in the future. Many momentum indicators to choose from. Email me at [e-mail] and ask for my Cycle Indicator. Make sure you mention that you heard about this on the podcast. I’ll get that info to you for free: Live webinar Video Depending one when you’re listening to this. Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results.. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.