This book takes on forex trendy review youtube fxprimus mastercard traditional aspect of technical analysis and gives it a whole new spin — by backing it up with statistics. You know the trend is on if the price bar stays above or below the period line. Like anything in life, we build dependencies and handicaps from on pain of real-life experiences. You can learn more about both of these signals in this post. Is it useful for those who are interested in trading stocks? To learn about how Al trades, start with the Trading Articles on the left. Reason being, your expectations and what the market can produce will not be in alignment. Firstly, trade futures online for us etoro bitcoin trading guide place a physical stop-loss order at a specific price level. You can learn about both of these concepts in greater detail in this post. This is because you can comment and ask questions. Often free, you can learn inside day strategies and more from experienced traders. The key thing to look for is that as the stock goes on to make a new high, the subsequent retracement should never overlap with the prior high. May God help you. Just my opinion, of course. This is where a security will trend at a degree angle. Session expired Please log in. Hello Rayner!
Ejay says Very well explained and easy to grasp. Clear and concise delivery on how to trade using Price Action. Nadzuah says Thanks justin Reply. Co-Founder Tradingsim. Because this book focuses tc2000 scan terminology fractal energy indicator on price action trading and is written by Bob Volman, an independent forex trader. Peter Uche says Thanks a million for your time and your ideas that are free shared. You can also make it dependant on volatility. Learn About TradingSim. You can calculate the average recent price swings to create a target. It may take several days, weeks, and sometimes months before you know if your analysis was correct. Notice how each swing point is higher than the. You simply hold onto your position until you see signs of reversal and then get. Calendar Tue 04 Aug This gave me an insight I never thought of. This formation is the opposite of the bullish trend. As a buy bitcoin ith exodus coinbase beneficiary not allowed, you can let your emotions and more specifically hope take over your sense of logic.
By doing this, we can profit as the market swings upward and continues the current rally. This book is relevant for futures day traders. In this case, the market is carving lower highs and lower lows. Visit TradingSim. There is no lag in their process for interpreting trade data. Be it advice, books to read or anything that can help me move forward Reply. This is honestly the most important thing for you to take away from this article — protect your money by using stops. The main thing you need to focus on in tight ranges is to buy low and sell high. Many make the mistake of thinking you need a highly complicated strategy to succeed intraday, but often the more straightforward, the more effective. Hello, Besides reading all these books, where is the best starting point for a novice trader. Thanks and God bless. I have since released the Brooks Trading Course , which is 53 videos 27 hours long and has the latest information on price action trading. To illustrate a series of inside bars after a breakout, please take a look at the following chart. Thank you for the valuable information you share, see you. Best Moving Average for Day Trading. Having the ability to trade Forex around my work schedule was a huge advantage. Did you know in stocks there are often dominant players that consistently trade specific securities? While the exact figure is debatable, I would argue that there are less than ten popular styles in existence. Sibonelo Zikalala says Great post as usual Justin Reply.
They make up for it in volume, but the return per execution is relatively small. It contains the 6-step process I use. The exciting and unpredictable cryptocurrency market offers plenty of opportunities for the switched on day trader. Metalchips says WoW.. Finding a profitable style has more to do with your personality and preferences than you may know. Thank you for your effort.. Or if you wish to, you can purchase them directly using the links below. Did you know in stocks there are often dominant players that consistently trade specific securities? Having accurate levels is perhaps the most important factor. Reason being, your expectations and what the market can produce will not be in alignment. You need to find the right instrument to trade. If you can recognize and understand these four concepts and how they are related to one another, you are on your way. Congratulations Rayner for your work and thanks for sharing with us very useful stuff! Also, I created the videos two years after the books and I believe that I developed ways to more clearly explain many of the concepts. The login page will open in a new tab.
February 15, at am. What is Forex swing trading? It is particularly useful in the forex market. On the opposite end of the spectrum from swing trading we have day trading. I will look for this books. This is where those key levels come into play once. This is a way to calculate your risk using a single number. Candlestick Structure. Tshepo says Great inside, i m practising this strategy lately Reply. Before you get bogged down in a complex world of highly technical indicators, focus on the basics of a simple day trading strategy. Once you become profitable at swing trading with the daily, feel free to move to the 4-hour time frame. In addition, you will find they are geared towards traders of all experience levels. This is great and awesome work Justin. Visit the brokers page to ensure you have the right trading partner in your broker. I have gone trough your Forex Swing Trading lessons which has cleared my mind best binary option broker for us site forexfactory.com forexlion ex4 mq4 what I would like to know is whether I should move my stop to the resistance or support area when the price has moved beyond Kind Regards Andre Reply. November 8, at pm. This way you are not basing your stop on one indicator or the low of one candlestick.
The books have more words and the videos have many more charts, and the most of the charts are newer. Thanks for commenting. Position size is the number of shares taken on a single trade. In order to calculate your risk as explained in the next step, you must have a stop loss level defined. Thank you in advance. Thanks a lot for this teaching and information please teC. They made millions. Not a lot of data and this book is empty. Not all technical traders use trend lines. Tell A Friend. Above all, stay patient. This is why a number of brokers now offer numerous types of day trading strategies in easy-to-follow training videos. After an asset or security trades beyond the specified price barrier, volatility usually increases and prices will often trend in the direction of the breakout. Scanning for setups is more of a qualitative process. In other words, there are many different ways to day trade just as there are many ways to swing trade. You can take a position size of up to 1, shares. Secondly, you create a mental stop-loss. The biggest benefit is that price action traders are processing data as it happens.
I have held several positions for over a month. Having accurate levels is perhaps the most important factor. When the market is in a best tech stock to buy and hold how much should you invest in stocks first time range, big gains are unlikely. Al receives lots of emails and cannot answer them all. October 10, at am. Well, trading is no different. A stop-loss will control that binary options trading recommendations day trading india. Forex strategies are risky by nature as you need to accumulate your profits in a short space of time. Drawdown is something all traders have to deal with regardless of how they approach the cex uk iphone 6 vs ethereum reddit trade. Many make the mistake of thinking you need a highly complicated strategy to succeed intraday, but often the more straightforward, the more effective. Position size is the number of shares taken on a single trade. The setup consists of a major gap up or down in the morning, followed by a significant push, which then retreats. This is a simple item to identify on the chart, and as a retail investor, you are likely most familiar with this formation. Uzoma Nnamdi says Thank you sir.
The price action trader can interpret the charts and price action to make their next. Some traders such as Peters Andrew even recommends placing your stop two pivot points. It contains the 6-step process I use. See how to put yourself in a position to participate in trades if and when price action dictates it. Justice Mntungwa says Justin, you always explain these forex concepts with great clarity. I bumped into your youtube videos last month, and ever since then I have been following you. To further your research on price action trading, check out this site which boasts a price action trading. You want to be a buyer during bullish momentum such as. Thanks again Sir. Peter Mfolo says I am new in Forex Trading, but the way you explain Swing Trading is absolutely amazing and even encouraging to study it more and practice litecoin mining to coinbase bitcoin investment trust trades. CFDs are concerned with the difference between where a trade is entered and exit. Sat 08 Aug Not a lot of data and this book is. Justin Bennett says Great to hear, Dan.
I have held several positions for over a month. I much prefer the pace of swing trading the daily charts and the time you get to analyse trades before pulling the trigger. Thanks Justin. This is great and awesome work Justin.. Close dialog. The same goes for a bullish or bearish engulfing pattern. This is a sign to you that things are likely going to heat up. It is particularly useful in the forex market. When you see this sort of setup, you hope at some point the trader will release themselves from this burden of proof. As I mentioned above, there are far fewer trading styles than there are strategies. I am very happy with how the videos and books have turned out. It may take several days, weeks, and sometimes months before you know if your analysis was correct. This price action produces a long wick and for us seasoned traders, we know that this price action is likely to be tested again. I would like to make an investment with you if you would like to do it for both of our benefits ensuring slow and steady profits. Make sure you leave yourself enough cushion, so you do not get antsy with every bar that prints. But it is a very personal decision one has to make.
Short-term Trading Strategies That Work. Trade Forex on 0. It improves my confidence in daily price action trading which consist swing trading. The books have more words and the videos have many more charts, and the most of the charts are newer. Learn About TradingSim Notice how the previous low was never breached, but you could tell from the price action the stock reversed nicely off the low and a long trade was in play. Martine Otieno Owino says Very proud to be part of this noble lessons. In fact, a slower paced style like swing trading gives you more time to make decisions which leads to less stress and anxiety. You just make trading simpler for me. Thank you in advance. Day trading strategies are essential when you are looking to capitalise on frequent, small price movements. You will look at a price chart and see riches right before your eyes. I am very happy with how the videos and books have turned out. Andre Steenekamp says Hi Justin I have been missing out on profits with my trades by not identifying a target. The driving force is quantity. Excellent emphasis on identifying and entering established trends, riding them carefully and sticking to that plan. Ah, nice article. If you browse the web at times, it can be difficult to determine if you are looking at a stock chart or hieroglyphics.
To learn about how Al trades, start with the Trading Articles on the left. Very informative! Another trader of the same style may use a 5 and 10 simple moving average with a relative strength index. Mini Calendar. Good way of teaching. When you say l go to daily frame, all l know there is that the action is shown by one candle or a bar. This is mostly due ninjatrader 8 professional fibonacci retracement levels the way that support and resistance levels stand out from the surrounding price action. Thank crude oil futures spread trading xlt stock trading course sir. By doing this, we can profit as the market swings upward and continues the current rally. But in reality, you need much more than. Drawdown is something all traders have to deal with regardless of how they approach the markets. Covered calls can be a good way for farmers to add nickels and dimes each month to their final sales. Notice after the long wick, CDEP had many inside buy dividend stock directs algorithmic trading courses chicago before breaking the low of the wick. Martine Otieno Owino says Very proud to be part of this noble lessons. God bless. Be it advice, books to read or anything that can help me move forward. Please help Reply.
I consider this as one of the best educational forex lessons along with fx leaders. Sun 09 Aug Notice how each swing point is higher than the. After logging in you can close it and return to this page. Check your PM. When the market is in a tight range, big gains are unlikely. However, there is some merit in seeing how a stock will trade after hitting a key support or resistance level for a few minutes. Build your trading muscle with no added pressure of the market. Please assist me to start trading Reply. But it is a very personal decision one has to make. Thanks Reply. This book dives deep into how coinbase convert bitcoin to ethereum how to fund an bittrex Forex market works by explaining the participants in the Forex market and their reason for trading. Another trader of the same style may use a 5 and 10 simple moving average with a relative strength index. There is no right or wrong answer. Good way of teaching. The same goes for swing trading. Hello, Besides reading all these books, where is the best starting point for a novice trader. I just like to know if you wait for StopLoss or Target till candle is formed like waiting for companies that buy with bitcoin local exchange bitcoin singapore of day to trigger stoploss. In my experience, the daily time frame provides the best signals.
On average, I spend no more than 30 or 40 minutes reviewing my charts each day. Discipline and a firm grasp on your emotions are essential. Reason being, a ton of traders, entered these positions late, which leaves them all holding the bag. This is a fast-paced and exciting way to trade, but it can be risky. So, if you are looking for more in-depth techniques, you may want to consider an alternative learning tool. I am very happy with how the videos and books have turned out. If you like to visit my website I will be thankful to you. This book dives deep into how the Forex market works by explaining the participants in the Forex market and their reason for trading. I did see improvement when I applied his techniques. While it is easy to scroll through charts and see all the winners, the market is one big cat and mouse game. Thanks Justin for this free forex education i am better now and i can see the progress, All i need is to join the community. Remember that the goal is to catch the majority of the swing. For a pin bar, the best location is above or below the tail.
Co-Founder Tradingsim. Swing trading Forex is what allowed me to start Daily Price Action in For starters, do not go hog wild with your capital in one position. I will master day trading reviews plus500 chat online for this books. One of the most popular strategies is scalping. I love it when a stock hovers at resistance and refuses to back off. Hey Rickshan Thank you for sharing, I appreciate it! After logging in you can close it and return to this page. You can download it here for FREE. Glad to hear. My fav trading psychology book is Trading in the Zone by Mark Douglas. Keep well! These are among my all time favorites, as i follow their strategies. You can take a position size of up to 1, shares. See this thread for more details on the history of this website. Get a slightly out of the money strike. Andre Steenekamp says Hi Justin I have been missing out on profits with my trades by not identifying a target. Lesson 3 How to Trade with the Coppock Curve. This book explains the Trend Following methodology backed by real evidence based on actual tradingview private groups indicator tradingview.
This ensures the stock is trending and moving in the right direction. October 10, at am. I really love this Justin. Mar Lon. Pauline Edamivoh November 8, at pm. It might give the illusion that all technical analysis is all you need. One of the most popular strategies is scalping. It improves my confidence in daily price action trading which consist swing trading. However, each swing was on average 60 to 80 cents. Sun 09 Aug A favorable risk to reward ratio is one where the payoff is at least twice the potential loss.
Secondly, you have no one else to blame for getting caught in a trap. Popular amongst trading strategies for beginners, tradestation or ninjatrader how many variations of the stock chart does excel have strategy revolves around acting on news sources and identifying substantial trending moves with the support of high volume. However, by understanding price action trading, traders can find many examples on every chart, whether it is an intraday or daily chart, where there is a mathematical advantage to buying or selling. Visit the brokers page to ensure you have the right trading partner in your broker. Alternatively, you can fade the price drop. I apologize for the English but I use google translator. Unlike the higher timeframes, day trading is fast paced and requires you to make quick decisions. Once they are on your chart, use them to your advantage. Join Our Kiva Team! This formation is the opposite of the bullish trend. This is highly appreciated. They can also be very specific. That said, trailing your stop loss to lock in some profit along the way does help to relieve most of that pressure. Thank you Rayner for the list. So if the market is trending higher and a bullish pin bar forms at support, ask yourself the following question. I like the idea of Trend Following and would like something like .
Good way of teaching. Everybody should start from the basics. Historically, point and figure charts, line graphs and bar graphs were the raves of their day. Meaning someone with no idea about any of this. While it is easy to scroll through charts and see all the winners, the market is one big cat and mouse game. Entertaining read with good examples on how to catch a big move. As such, swing traders will find that holding positions overnight is a common occurrence. Your end of day profits will depend hugely on the strategies your employ. The only difference is this book focuses on American traders, whereas the earlier book has traders from all around the world. I have since released the Brooks Trading Course , which is 53 videos 27 hours long and has the latest information on price action trading. Feel free to reach out if you have questions.
Thanks Rayner, a good list indeed! Eventually, many will stay or return to them and find that they were all they needed. Hi Thanks for the content. Not only did I think it was an easy read: clear, concise, simple, no fluff…but it also gave me confidence in re-understanding the forex market and having a straight line to trying swing trading again possibly along with pre-Elliott Wave theory I learned from an old mentor I. Thanks for checking in. Not all technical traders use trend lines. Contact Best stock trading platform india consolidation day trading. I like day trading power best discord for stocks trade for some time and with this content, I no it will help me become a better trader and swing trader. Want to practice the information from this article? This chart of Neonode is truly unique because the stock had a breakout after the fourth attempt at busting the high. At first glance, it can almost be as intimidating as a chart full of indicators. Thanks Justin for this free forex education i am better now and i can see the progress, All i need is to join the community. Thanks Reply. This book explains what is going on when the price changes and how to predicts it. But it is a very personal decision one has to make.
Requirements for which are usually high for day traders. Justin Bennett says Thanks, Sibonelo. Speaking every day has helped me a great deal as have all of the comments I have received from readers of the book and attendees in the daily webinars. The key point to remember with candlesticks is each candle is relaying information, and each cluster or grouping of candles is also conveying a message. Avoid False Breakouts. For example, some will find day trading strategies videos most useful. It contains the 6-step process I use. However, there is some merit in seeing how a stock will trade after hitting a key support or resistance level for a few minutes. This will allow you to set realistic price objectives for each trade. I hope you will consider joining. Day trading strategies for the Indian market may not be as effective when you apply them in Australia. If you browse the web at times, it can be difficult to determine if you are looking at a stock chart or hieroglyphics. Board FAQ. The one common misinterpretation of springs is traders wait for the last swing low to be breached. Then, it tells you why the odds are stacked against you the retail trader and how you can apply specific trading strategies to level the playing field. Author Details.
You can download it here for FREE. I liked how he asked questions on candlesticks, lets you answer it, and then provides you with answers. Price action traders will need to resist the urge to add additional indicators to your. Entertaining read with good examples on how to catch a big. Thanks for sharing. Well yes and no. Spread betting allows you to speculate on a huge number of global markets without ever actually owning the asset. You need to think about the patterns listed in this article and additional setups you will uncover on your own as stages in your trading career. It explains the concept of what Trend Following is about and how hedge funds use this approach to make their millions. Feel free to check out the rest of the blog or join the membership site. Not to make things too open-ended at the start, but you can use the charting method of your top 10 penny stocks ever essa pharma stock news.
This book explains the Trend Following methodology backed by real evidence based on actual results. Well, trading is no different. The key thing to look for is that as the stock goes on to make a new high, the subsequent retracement should never overlap with the prior high. This is because you can profit when the underlying asset moves in relation to the position taken, without ever having to own the underlying asset. Find out how you can get greater insight into price changes and to use technical analysis to your advantage. Traders who want to get started on Trend Following. Justin Bennett says Thanks, Sibonelo. On average, I spend no more than 30 or 40 minutes reviewing my charts each day. I have had many emails from people who have both and everyone has preferred the videos, but I think it is a personal matter. Al receives lots of emails and cannot answer them all.
Hey Issac, Thanks for sharing. I apologize for the English but I use google translator. Just to be clear, the chart formation is always your first signal, but if the charts are unclear, time is always the deciding factor. I see some people also recommend Elders Trading for a living which imo is good So even if this is a old post I will recommend Elders Sell and sell short. They can also be very specific. You should write a book with all this info. The one common misinterpretation of springs is traders wait for the last swing low to be breached. I have held several positions for over a month. Also, the charts presented are relatively small and hard to see. Since I have been using price action which you interactive brokers change cad to usd commission and fees me my trading has become more stable less losses. To get a better idea about whether you might find the video trading course helpful, you should look at some of the Sample Videos. Traders who want to get started in Trend Following.
The driving force is quantity. This is one of the moving averages strategies that generates a buy signal when the fast moving average crosses up and over the slow moving average. Session expired Please log in again. Remember that when swing trading the goal is to catch the swings that occur between support and resistance levels. Justin Bennett says Cheers! I like the idea of Trend Following and would like something like that. Ejay says Very well explained and easy to grasp. Daniel Reply. You need a high trading probability to even out the low risk vs reward ratio. Disciplined Trader brought a lot of sanity to my haphazard start.
Please assist me to start trading. The stop-loss controls your risk for you. Futures and Options Strategy Guide Learn 21 futures and options trading strategies in this easy-to-read guide. Thank you Justin. You simply hold onto your position until you see signs of reversal and then get out. Learn to read the charts, recognize formations, and identify your entry and exit points. In addition, even if you opt for early entry or end of day trading strategies, controlling your risk is essential if you want to still have cash in the bank at the end of the week. I have had many emails from people who have both and everyone has preferred the videos, but I think it is a personal matter. If you like to visit my website I will be thankful to you. Steven says Thanks Justin for this free forex education i am better now and i can see the progress, All i need is to join the community Reply. Many many thanks with best regards. Trading Room. My suggestion is to start with the daily time frame. Last Updated on March 16, I have no clue where to start. If you have been trading with your favorite indicator for years, going down to a bare chart can be somewhat traumatic.
Justin Bennett says Thanks, David. If the average price swing has been 3 points over the last several price swings, this would be a sensible target. To start, focus on the morning setups. This is the kind of freedom swing trading can offer. Because in this book, Andreas Clenow will show you how to do it step by step, explaining the full details of his momentum trading strategy. Kiva Project. I know there is an urge in this business to act quickly. Aubrey says Thanks i needed a boost i was lacking a little of these Reply. What is Forex swing best site to sell bitcoin to paypal bitpay merchants Before we dive into the strategies, I want first to ground you on the four pillars of price action. Inside Bars. The best way to approach these trades is to stay patient and wait for a price action buy or sell signal. This is because you can comment and ask questions. Aurthur Musendame says Thanks. As you perform your analysis, you will notice common percentage moves will appear right on the chart. This way you are not basing your stop on one indicator or the low of one candlestick. Greetings guys.
If you want to know how to draw support and resistance levels, see this post. To learn more about candlesticks, please visit this article that goes into detail about specific formations and techniques. The idea behind it is, it explains what Trend Following is about without leaving you confused by the technical jargon out. For help with registering and getting best market to trade bitcoin kraken bitcoin buy fees on this website check out the Board FAQ. Greetings guys. Even though authors are not as famous as other market wizards their approach is pretty interesting and deserves the reading. You will look to sell as soon as the trade becomes profitable. All the best. This site is run by a community of traders that follow Al's price action trading methods. Thank you Justin for your wonderful clear and concise presentation on swing trading. Thanks a lot for this teaching and information please teC. By doing this, we can profit as the market swings upward and continues the current rally. Twitter Feed. Before I forex trading mentor australia tradersway mt4 mac how to identify stop loss mving litecoin friom coinbase referral link reddit and profit targets, I want to share two important concepts. This book dives deep into how the Forex market works by explaining the participants in the Forex market and their reason for trading. After more than a decade of trading, I found swing trades to be the most profitable.
When it comes to the techniques. Be it advice, books to read or anything that can help me move forward Reply. Send me the cheat sheet. After more than a decade of trading, I found swing trades to be the most profitable. Historically, point and figure charts, line graphs and bar graphs were the raves of their day. I work a very small real account but I hope to increase it in the future. Long Wick 1. Finding a profitable style has more to do with your personality and preferences than you may know. Please log in again. Thank you once again, Justin. Think of drawing key support and resistance levels as building the foundation for your house. This book dives deep into how the Forex market works by explaining the participants in the Forex market and their reason for trading.
On average, I spend no more than 30 or 40 minutes reviewing my charts each day. However, due to the limited space, you normally only get the basics of day trading strategies. Strategies that work take risk into account. Many many thanks with best regards. July 1, at pm. Interested in Trading Risk-Free? Avoid False Breakouts. It allows for a less stressful trading environment while still producing incredible returns. Your email address will not be published. Please may i ask if it will be good using the zigzag indicator on meta trader platform to get the swing high and low. Good way of teaching. There is no hard line. The goal is to use this pin bar signal to buy the market.
I always try to keep things simple. This is great and awesome work Justin.. However, the weekly and even 4-hour time frames can be used to complement the daily time frame. This book explains what is going on when the price changes and how to predicts it. RSS Feed. However, drawdown can last longer for a swing trader. I like to use volume when confirming a spring; however, the focus of this article is to explore price action strategies, so we will zone in on the candlesticks. Good job. May God help you too. What is Forex swing trading?
As you now know, the goal with swing trading is to catch the larger swings in the market. The price action trader can interpret the charts and price action to make their next move. Long Wick 1. So if the market is trending higher and a bullish pin bar forms at support, ask yourself the following question. This book is easy and entertaining to read. Finding a profitable style has more to do with your personality and preferences than you may know. For instance, my minimum risk to reward ratio is 3R. Fortunately, there is now a range of places online that offer such services. Offering a huge range of markets, and 5 account types, they cater to all level of trader. To do that you will need to use the following formulas:. If you would like to see some of the best day trading strategies revealed, see our spread betting page. If you trade the grain markets, it is important to know when these reports occur, what these reports contain, and the potential impact they may have on the markets.
After more than a decade of trading, I found swing trades to be the most profitable. And it goes deep into the Trend Following methodology covering risk management, how many times can you day trade on etrade tradestation strategy optimization report, exits, and. This is called searching for setups. Learn About TradingSim. It allows for a less stressful trading environment while still producing incredible returns. Unlike the higher timeframes, day trading is fast paced and requires you to make quick decisions. The book that had the most impact on my trader profile and deep futures trading fidelity or schwab for options trading definition of my trading strategy was this: Trading in the Zone. Every trading system is backtested over 10 years and across different market conditions including the financial crisis. Glad to hear. Cheers, Ola. Get ready for this statement, because it is big. When you trade on margin you are increasingly vulnerable to sharp price movements. Tebogo Moropa says Hi there. Ishares cyclical etf forex tax reporting says How do i upload a picture here mr…….!? Indian strategies may be tailor-made to fit within specific rules, such as high minimum equity balances in margin accounts. October 10, at am. A true story of how a group of random people is selected for a special trading program.
It will also outline some regional differences to be aware of, as well as pointing you in the direction of some useful resources. Lifetime Access. Shirantha says Ah, nice article. This site is run by a community of traders that follow Al's price action trading methods. I started trend following of Michael Covel. As a trader, you can let your emotions and more specifically hope take over your sense of logic. So, day trading strategies books and ebooks could seriously help enhance your trade performance. Most traders feel like they need to find a setup each time they sit down in front of their computer. Thanks for sharing. Another option is to place your stop below the low of the breakout candle. When you see this sort of setup, you hope at some point the trader will release themselves from this burden of proof. Bedin Jusoh says Excellent work. Swing trading very much fits around my lifestyle, although this week was the first week I had held a trade for more than a day, which had me checking my charts more often than is healthy!