It also defines most
opportunity for the swing trader.
Not exact matches
Although the bullish bias of the past two months has presented some great
opportunities for momentum
swing traders, no bull market moves straight up without eventually undergoing substantial corrections along the way (just as bear markets don't fall straight down
for too long without large, counter-trend bounces).
Moreover, such market conditions limit the number of potential trading
opportunities for small and mid-cap
swing traders like ourselves.
Employing the ADX slope to scan
for sideways market before looking
for Gimmee bars is a good idea
for swing traders looking
for trade
opportunities.
For example, while the crowd sees a buying
opportunity when price surges on heavy participation, the
swing trader sees selling power increasing in that market due to the entrance of a new crowd of buyers.
For swing traders finding
opportunities among hundreds of stocks, this is a huge advantage.
While some might embrace such a period of lower volatility, this reduction in price movement also results in fewer
opportunities for traders to profit from the cryptocurrency's price
swings.