Learn How To Trade Forex Using Swing Trading - PowerPoint PPT Presentation

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Learn How To Trade Forex Using Swing Trading

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Forex traders utilize swing trading strategy. Swing trading aims to identify and substantiate the existence of a trend in a market. – PowerPoint PPT presentation

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Title: Learn How To Trade Forex Using Swing Trading


1
Learn How To Trade Forex Using Swing Trading
  • Forex Trading

2
Swing Trading
  • Forex traders utilize swing trading strategy.
  • Swing trading aims to identify and substantiate
    the existence of a trend in a market.

3
Learn How To Trade Forex Using Swing Trading
  • 1. Have a Solid Trading Strategy
  • A good Swing Trading method usually will also be
    based on fundamentals to some degree. After all,
    trends in the Forex market are most often driven
    by underlying fundamentals, especially on larger
    timeframes which are what swing traders trade on
    and aim to get.
  • Successfully swing trading forex not just about
    finding an excellent mechanical trading strategy.
    A thorough analysis will go a long way in helping
    the swing trader to be and stay profitable.
  • Click on below link Simple Forex Swing Trading
    Strategy
  • https//youtu.be/ZDfKCdCFkFU

4
Learn How To Trade Forex Using Swing Trading
  • 2. Understand the Fundamentals that Drive
    Currency Moves
  • The main fundamental drivers such as economic
    growth, central banks, inflation and sometimes
    geopolitics and overall sentiment in the global
    market is also an important aspect to pay
    attention to as a swing trader forex.
  • A basic understanding of fundamental market
    forces will assist any Forex trader to achieve
    better returns.

5
Learn How To Trade Forex Using Swing Trading
  • 3. Psychologically Able To Digest Temporary Moves
    Against Your Favor
  • Many times such movements can be large enough to
    scare traders off. But only successful swing
    trader knows that the move is fake and stay
    confidently in the trade. After the trade turns
    into a winner
  • Click on below link Breakout Forex Swing Trading
    Strategy
  • https//youtu.be/bl-hUtq9h8Y

6
Pros of Swing Trading
  • Swing Trade offers excellent risk-reward
    opportunities. While position trading will
    require large stop losses and a strong focus on
    the fundamentals, generally swing traders are
    more technically oriented, and they can generally
    place more reasonable stop levels. It allows them
    to set profit target levels and clear stop loss
    which can often yield excellent high reward to
    risk trade.
  • Some trader finds it simpler to catch these more
    organic market swings than trading the day to day
    noise in a market or trying to catch the secular
    trends with position trading. Swing Trading is
    like perfect sweet spot between extreme long-term
    and short-term trading strategies.

7
Thank You.
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