Swing Trading – How to Trade Swing Patterns
Swing Trading is a popular form of short term trading that requires an entry against the immediate direction of price.
In this video Nick Radge, The Chartist, explains two swing trading setups. These include specific rules to follow, that he has used for over 25 years and continues to use today.
The rules can be applied to any instrument – stocks, futures or FX – and on any time frame. Nick discusses how to set up your charts, how to find the patterns. And most importantly Nick shows you how to manage the trades once triggered.
If you are interested in short term trading and swing trading you can learn more about the Power Setups® here or join The Chartist’s free trial membership.
When trading consistency is the key. If you decide to use one method, stick with it. Manage your positions carefully. Annotate your charts so it is visually easy to see when a stock swings.
In this video we are using Tradestation but we now use Amibroker as our charting software. Amibroker is inexpensive and extremely powerful (we don’t receive a commission from Amibroker, we just really like the software). For data we use Norgate Premium Data as it’s clean and reliable,