Trading with only trend lines is a swing trading strategy that virtually any trader can learn. There is no tweaking indicator settings, deciding which technical indicator to use, or is there any special candlestick pattern that you need to learn. The only thing you need to know is how to draw trend lines which is […]
Trend lines are a great way to frame the market movement and often times they seem to act as support and resistance. Keep in mind it is not the actual trend line that stops price but can pinpoint areas on the chart where trader may have an interest in taking a position. You will often […]
Posted in Swing Trading Lessons 
Tags: draw trendlines, how to draw trendlines, trendlines 
No Comments »Trading end of day charts for swing traders can be a great way to free up your day and still take part in the big moves. In Forex, it may be a little difficult as it is a 24 hour market but there are times in Forex where volatility dries up. If you are swing […]
I don’t care if you are swing trading or day trading, you need a simple trading strategy instead of one with too many moving parts. You know what’s nuts? Traders who insist they are making money with a swing trading strategy that looks like this: I don’t know if this is a Picasso or someones […]
There is no best moving average crossover strategy for swing trading regardless of what anybody tells you. All we can do as swing traders is put the odds in our favor by using a few technical indicators as well as price action. We need an edge and even a small edge can build your trading […]
Channel trading is simply trading price action within the confines of a trading channel. Trading channels, in theory, encompass the current volatility in price action and anything outside the norm of current volatility may be considered an extreme move. In this swing trading strategy, we are not looking to trade price extremes but are trading […]
Posted in Simple Swing Strategies Comments Off on Forex Swing Trading Strategy #4:(Horizontal Channel Trading System)Let me say right from the start the any moving average swing trading strategy, including this 34 EMA trading strategy (this is not an EMA crossover strategy, relies on a lagging technical indicator. As such, using something other than a derivative of price such as price itself, we can combine the best of both worlds: […]
Moving average crossovers are a popular method of approaching a trading strategy. You can use long term exponential moving averages to take advantage of a “macro view” or short term averages such as the one discussed here, 5 EMA And 8 EMA. The short term moving averages crossing over indicates the short term trend has changed […]
The Bollinger band indicator is a great way to measure the volatility of any trading instrument. Using an upper band and lower band set X standard deviations (generally 2) away from the center moving average ( generally the 20 period), we can see when an instrument is at an extreme price as well as when […]
Never be mislead by the terms “simple Forex trading strategy” thinking that it means easy. There is nothing easy about trading but that does not mean you can’t have a simple trading strategy for Forex, Futures, Stocks, or any market and one that works if you follow the rules. Many things work in trading. There […]