The Professor Trader
The Master of Swing
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Doesn't matter whether you're trading Forex, stocks, whatever, right? These strategies can be applied the same. So are you ready? Then let's begin. Okay, now, before I begin, right, I want to explain to you what is swing trading because some of you are wondering here, what is swing trading, alright? So let me explain to you quickly. So swing trading, the idea is to capture one swing in the market.
Swing Trading Strategy #1: Stuck In A Box The first one is what I call stuck in a box, where the price is pretty much stuck in a range, stuck in a box, similar to what you've seen earlier. So this the core idea here is that the market is in a range, you want to buy low and sell high, so how you go about doing it is to let the price come into an area of value, an area of support, okay?
Swing Trading Strategy #2: Catch The Wave So the other one is what I call catch the wave. So this is used when the market is in an uptrend. When the market is trending, you are trying to time your entry and capture just one swing in an uptrend.
Swing Trading Strategy #3: Fade The Move So it's what I call fade the move. So this is a counter-trend trade. So because when the market is trending and if it has traveled quite a long, a distance towards the swings high, towards resistance, there is opportunity for you to take a counter trend trade but I'll share with you a little bit of how to manage this type of trade.
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Details
- Publication Date
- Apr 28, 2020
- Language
- English
- ISBN
- 9781716989858
- Category
- Business & Economics
- Copyright
- All Rights Reserved - Standard Copyright License
- Contributors
- By (author): Alan Soros
Specifications
- Format
- EPUB