Almost two years ago, this article has changed my trading
Swing Trading: An Antidote for Frustrated Traders
Forex trading – the most frustrating endeavor you will probably ever face in your lifetime.
Most traders enter the market with the best intentions but dissolve their hard earned money to the market, filling the pocket of successful traders.
At The Forex Guy, we believe the level of success reached depends heavily on the individual trader’s methodology.
Most traders are drawn into the lower time frames where they believe more money is waiting for them.
These types of strategies encourage very bad habits and are toxic to your trading mindset.
I would like to talk with you about the extremely powerful nature of swing trading – possibly the simple solution you’ve be searching for all this time which could change your chart reading skills, today.
What is Swing Trading?
I am going to assume you’ve looked at a price chart before. You would have noticed the market doesn’t move in straight ‘bee lines’ from point A to B on the chart.
Instead price ‘swings’ from high and low points, gradually stepping it’s way higher or lower down the chart. These ‘swing highs’ and ‘swing lows’ are key technical points on a price chart which can help a trader anticipate where the market is heading with high accuracy.