#SwingTradingStrategy
✅ Basic Swing Trading Strategy (Trend + Momentum Based)
Identify the Trend
Use 4H or Daily chart for swing trades.
Apply indicators like:
50 EMA + 200 EMA (Golden Cross / Death Cross)
Trendlines (support/resistance)
Higher Highs & Higher Lows = uptrend
Lower Highs & Lower Lows = downtrend
Entry Signals
Look for confluence of these:
Price pulls back to a key support/resistance or EMA zone
Bullish candlestick pattern (e.g., bullish engulfing, hammer)
RSI between 40–60 turning back toward trend direction
MACD crossover or divergence
Example: In an uptrend, wait for price to pull back to 50 EMA, show bullish candle, and RSI bounces from 40 → Consider LONG entry.
Set Entry, Stop-Loss, and Target
Entry: After confirmation candle closes.
Stop-Loss: Below swing low (for long), or above swing high (for short).
Take-Profit (TP):
Use Fibonacci extension (1.618) or next resistance level
Or apply Risk:Reward of 1:2 or 1:3
Position Sizing
Risk only 1–2% of your capital per trade.
Calculate position size based on SL distance.
Exit Plan
Partial profit booking at first TP.
Trailing stop (e.g., move SL to breakeven once trade moves in profit).
Exit fully at key resistance/support or if trend breaks.
🛠️ Recommended Tools:
TradingView for charting
Indicators:
RSI (14)
MACD
EMA 50 & 200
Volume
⚠️ Pro Tips:
Don’t chase trades. Let setups come to you.
Always use stop-loss.
Avoid trading during major news (especially in forex/crypto).
Backtest strategy on past charts.