๐ฏ Swing Smarter, Not Harder โ Find Your Edge in the Markets ๐๐
Swing trading is perfect for those who donโt want to sit in front of screens all day ๐ฅ๏ธ but still want to catch meaningful price moves over days or weeks. Itโs all about strategy, discipline, and timing โณ.
๐ฌ So, whatโs my go-to swing trading strategy?
๐น I prefer a pullback strategy โ I wait for a retracement in an uptrend (usually to a Fibonacci level like 38.2% or 50%) and enter when price shows signs of bouncing ๐.
๐น I confirm with RSI and MACD โ if momentum is turning in my favor, thatโs my entry trigger ๐.
๐น Exits? I set a target near resistance zones or when RSI starts to overheat (above 70) โ.
Sometimes, I also apply a breakout approach โ entering when price breaks a key level with volume ๐, using trailing stop-losses to protect profits.
๐ My trades usually last between 3โ10 days, and I risk only 1โ2% per trade โ always using a stop-loss! ๐
๐ข Now itโs your turn!
Whatโs your unique swing trading setup?
How do you enter or exit your trades?
๐ Share your strategies and letโs learn from each other!
#SwingTradingStrategy ๐ง ๐น