So swing trading is a short to intermediate-term trend following trading technique.
Generally, swing traders look for minor trend reversals to enter trades in the direction of the main trend.
For example, in the main uptrend trend, swing traders will enter on the minor pullback in anticipation that price will continue back in an uptrend.
Therefore, trend reversals, retracements, Fibonacci levels, support turned resistance and resistance turned support levels, traders' action zone levels are important levels where swing traders look to enter trades.
Swing trading is typically a short to intermediate-term trend following system lasting anywhere from 1 to 30 days. Traders who swing trade typically look for trend reversals & retracements for their entry/exit points.
Please subscribe, comment and visit my other videos @Investor Trading Academy
0 Comments