I find that
for swing trades like this one, often the best stop is simply a «time» stop.
Not exact matches
Moreover, such market conditions limit the number of potential
trading opportunities
for small and mid-cap
swing traders
like ourselves.
If you're
like most stock traders, you have a personal preference towards
trading in a particular time frame, such as daytrading,
swing trading, or position
trading (click here
for a clear comparison of these styles).
Since stocks and ETFs
trading at new 52 - week highs have no overhead supply and price resistance of prior highs to hold them down, our most profitable
swing trades are frequently in stocks and ETFs
trading at 52 - week highs (
like this $ CBM
trade we closed on August 15
for an 11 % gain on a 4 - day hold).
Overall, we
like the technical setup
for a momentum - based
swing trade buy entry into $ GLD, but we will patiently wait
for a proper entry point first.
Rather, the 20 - EMA is a very helpful tool, just
like several other reliable technical indicators used in the stock and ETF
trades of my nightly
swing trading newsletter (try it risk - free
for the first 30 days).
Recent
trading action may have been great
for daytraders who thrive on intraday trends, but
for swing traders
like ourselves, erratic price action from one day to the next has admittedly led to challenging
trading conditions on either side of the market (click here
for a comparison of daytrading vs.
swing trading).
During the Democratic presidential primary, Clinton came under fire from her opponent, Vermont Sen. Bernie Sanders,
for her past support of
trade deals - including the North America Free Trade Agreement under her husband's administration — which have been blamed for job losses in key swing states like Ohio, (which, of course, is where the Republicans are holding their national convention this w
trade deals - including the North America Free
Trade Agreement under her husband's administration — which have been blamed for job losses in key swing states like Ohio, (which, of course, is where the Republicans are holding their national convention this w
Trade Agreement under her husband's administration — which have been blamed
for job losses in key
swing states
like Ohio, (which, of course, is where the Republicans are holding their national convention this week).
For instance, if you have the patience to let profits run, you might want to
trade pullback type
swing trades with setups
like 9/30.
If you're looking
for strategies that provide lots of time freedom, you're better off choosing a
swing trading system,
like Infinite Prosperity.
Occasionally I
like to look at RS but that is more
for swing trades than day
trades.
I must say there is much learning in just by looking at the charts than placing
trading it takes patients
for one to know how to spot
swing points and entry and exit points and eventually the whole thing becomes a part of you
like a religion or something of sort you live breathe dream it until it becomes effortless thanks Nial
If time is a concern (
like it is
for most), then you should stick to
swing trading strategies.
Lastly, I would save this as a separate profile
for this currency, and call it something
like GBPUSD 8H - D1 - D3 or GBPUSD
Swing Trade.
T.J.
likes to
swing trade, often holding a stock
for several months before selling.
Crowd behavior
like what we saw this weekend is responsible
for massive price
swings, making it important to
trade away from those moments.
Much
like day
trading,
swing trading depends upon short - term changes in stock prices, but offers an easier investment style
for those who don't have a schedule that allows
for trading during the day.