#SwingTradingStrategy
Swing trading is a strategy that captures shorter-term price movements within larger market trends. It involves identifying "swing highs" and "swing lows" to determine entry and exit points. Here's a concise overview :
Key Principles:
Uptrend: Buy the dips, entering long positions at swing lows.
Downtrend: Sell the rallies, entering short positions at swing highs.
Risk Management:
- Place stop losses below swing lows for long positions and above swing highs for short positions.
Indicators:
- Moving averages determine trend direction.
- Momentum indicators like RSI and stochastics time entry and exit points.
Timeframe: Typically holds positions for days or weeks, monitoring daily and weekly