This is a great question how to use swing trading strategies in the forex market? First what's swing trading? Swing trading is performed once you ride a mini trend in the market for a couple of days. This can be superior to trading intraday where you open and close the trade within 24 hours.
The best method to accomplish swing trading in the forex market is to trade on the daily chart. Trading over a daily chart is less difficult than trading on intraday charts in places you will receive a great deal of signals but the possibility of these trading signals being false is going to be comparatively high. Plus you will need to monitor the intraday charts frequently during the day.
But on the daily chart, you simply need to take a look daily. There is not much noise around the daily charts. This means you will be getting fewer false signals making life easier. So, this is one way you are likely to swing trade about the daily charts:
1. Spot a trend. Try to identify it as early as you possibly can. This...
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