Swing Trading Plan » Method http://www.swingtradingplan.com Mon, 28 Mar 2011 13:41:08 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Swing Trading Secrets Strategies for Finding a Swing Trading Method That Works for You http://www.swingtradingplan.com/swing-trading-secrets-strategies-for-finding-a-swing-trading-method-that-works-for-you/ http://www.swingtradingplan.com/swing-trading-secrets-strategies-for-finding-a-swing-trading-method-that-works-for-you/#comments Wed, 29 Dec 2010 17:52:54 +0000 James Johnson http://www.swingtradingplan.com/swing-trading-secrets-strategies-for-finding-a-swing-trading-method-that-works-for-you/ Swing Trading
by MyEyeSees

Discover secrets of swing trading my mimicking great swing traders who trade awesome systems. Learn how to dramatically yank massive potential profits over and over on a continual basis from the stock market, the stock options market, the futures market, the Forex markets and even the emini’s markets (which is the futures market).

Why swing trading success seems so secret to many is a mystery to me. Go take a look at charts. Study them carefully. Start counting the days. You should be able to start identifying patterns. But the key is that you need to be able to identify a method of entry and exit off the stock patterns.

Yes not only do you need to understand patterns for entry for swing trading, you need the swing trading secrets entry and exit mechanisms that can net you out a profit. Not just make a great gain here or there. Your NET profits must be there. This also means that you must carefully examine your costs. Your costs are the flip flops, the losses, the stops, the trades that don’t’ work out.

How are you going to determine you’re your most efficient place for stop loss placement? You need to compare day bar versus intraday bars for reference for your stop losses. Intraday bars, such as the 60 min bars carry many secrets for efficient entry and exit . But the challenge with Intraday bars is that they often require more observation and watching in terms of trading. But the profits can be high and the costs can be low so check it out. If you could make, or at least work up to 0,000 a month trading intraday bars, it’s probably well worth your efforts.

Otherwise day bar swing trading is very liberating. You can simply trade the day bars by night. You can even trade options by night through the use of contingent orders which is awesome. Simply place your orders before the next day’s market open and your swing orders can be triggered by stop to enter orders or by contingent orders on your options. You can also use one follows the other or one triggers another orders to help automate the order process for you.

You are going to have to pick stocks that tend to swing well. Now you can pick stocks that move a lot of points or a little amount of points but the bottom line is that the stock needs to tends to swing smoothly. Every stock, future or Forex pair has a historical behavior or character associated with it and that character gives you and edge. Edges in trading make money.

All in all the swing trading secrets will be found by you through the process of getting in the game, getting your hands dirty, rolling up your sleeves and diving in to start figuring out the nitty gritty details on entry, cost and potential profit. Until you work out your system, demo trade it then trade it real time you’ll never really know, you’ll never really find out if your ideas are actually workable. So get to work and one day you’ll crack the code to discovering swing trading secrets that can actually create a significant and ongoing profit for you, a profit that could provide you a very good living from trading the markets.

Clark is an expert in options trading who has traded options for a very good living for some time now. Here is is new favorite site that puts out excellent short term options trading ideas located at:
http://www.slingshotoptions..com


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]]> http://www.swingtradingplan.com/swing-trading-secrets-strategies-for-finding-a-swing-trading-method-that-works-for-you/feed/ 0 Options Trading the Pristine Way: An Introduction to Options Using the Pristine Method http://www.swingtradingplan.com/options-trading-the-pristine-way-an-introduction-to-options-using-the-pristine-method/ http://www.swingtradingplan.com/options-trading-the-pristine-way-an-introduction-to-options-using-the-pristine-method/#comments Tue, 13 Apr 2010 04:02:41 +0000 James Johnson

Options Trading the Pristine Way: An Introduction to Options Using the Pristine Method

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Product Description
In this book Victor de Villiers shows you how to successfully forecast market prices and determine what action should be taken. The Point & Figure Method is divided into ten chapters, containing charts, pattern examples, and a wealth of historical information. A must-read for those who want a true understanding of the point and figure method…. More >>

The Point & Figure Method of Anticipating Stock Price Movements

]]> http://www.swingtradingplan.com/the-point-figure-method-of-anticipating-stock-price-movements/feed/ 0 Swing Trading – a Simple 4 Point Method for Big Profits http://www.swingtradingplan.com/swing-trading-%e2%80%93-a-simple-4-point-method-for-big-profits/ http://www.swingtradingplan.com/swing-trading-%e2%80%93-a-simple-4-point-method-for-big-profits/#comments Sat, 13 Mar 2010 12:01:13 +0000 James Johnson {As you know, I am incessantly on the lookout for excellent articles on Swing Trading, recognising that good information is required to learn how to swing trade.|As you are probably aware, I am constantly on the lookout for excellent information on Swing Trading, realizing that good information is required to learn how to swing trade.} {Now, I discovered a very good article that explains Swing Trading in simple language.|Recently, I ran across a really good piece of content that explains Swing Trading in easy to understand language.}{ Make sure you look over this article and let me know your opinion.|Make sure you look into this and let me know your thoughts on it.} {Today’s post is titled and you should find the entire article provided below for your convenience:|Todays piece of content is titled title and you could find the complete piece of content written below for your convenience:}

Swing trading within the primary trend can be highly profitable and offer low risk.

Here we are going to look at a simple 4 point system for swing trading that any forex trader can use novice or pro.

Its simple effective and can be highly profitable.

You can look and test this method on any free chart service on the web and a good one is futuresource.com

You need to know the logic of support, resistance, Bollinger bands and stochastics and thatâ??s it.

If you donâ??t simply check our other articles.

Most swing trades done using this method last just a few days, but you will find you can bank some fantastic profits.

Step 1

Look for important points of resistance within the trend.

This can be done by simply looking at support or resistance points on both the daily and weekly charts.

Step 2

Look for a sharp move toward these levels, with price volatility high and with the top of the Bollinger band near the highs or lows.

Now you have spotted the opportunity, itâ??s time to look for entry levels.

You Need Confirmation

As we all know trading into support or resistance can be successful.

Of course in many instances support and resistance give way, so you need a method to time your entry.

Look for price momentum that is carrying price action toward to support and resistance to falter or reverse

Step 3

There is no better timing indicator than the stochastic â?? which measures short-term price strength or weakness.

When prices approach support or resistance the stochastic lines should be pointing in up (into resistance) or (down into support) wait until you see the following:

The stochastic lines to cross and show short-term momentum has changed.

With a test of resistance they will cross with bearish divergence and with a test of support they will cross to upside with bullish divergence.

This is the key to take your position confirming that price momentum has run out of steam and that resistance or support will hold.

Step 4

You need a target to take profits and this can be provided by the middle of the Bollinger band and or support or resistance levels.

Note

1. Only trade this method into significant support or resistance.

2. Look for a quick high volatility move

3. Never trade without getting the confirmation of the stochastic

4. Target â?? Your better to liquidate your trade as soon as target is hit, do not trail stops.

Thatâ??s it.

It sounds simple but I have been using this method for 25 years and it is one of the most effective ways of isolating high return and low risk trades.


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]]> http://www.swingtradingplan.com/swing-trading-%e2%80%93-a-simple-4-point-method-for-big-profits/feed/ 0 Currency Swing Trading – The Best Method For Novice Traders to Make Triple Digit Gains http://www.swingtradingplan.com/currency-swing-trading-the-best-method-for-novice-traders-to-make-triple-digit-gains/ http://www.swingtradingplan.com/currency-swing-trading-the-best-method-for-novice-traders-to-make-triple-digit-gains/#comments Thu, 04 Mar 2010 16:26:48 +0000 James Johnson {As you know, I am incessantly on the lookout for excellent articles on Swing Trading, recognising that good information is required to learn how to swing trade.|As you are probably aware, I am constantly on the lookout for excellent information on Swing Trading, realizing that good information is required to learn how to swing trade.} {Now, I discovered a very good article that explains Swing Trading in simple language.|Recently, I ran across a really good piece of content that explains Swing Trading in easy to understand language.}{ Make sure you look over this article and let me know your opinion.|Make sure you look into this and let me know your thoughts on it.} {Today’s post is titled and you should find the entire article provided below for your convenience:|Todays piece of content is titled title and you could find the complete piece of content written below for your convenience:}

Currency swing trading is easy to learn and understand and is perfect for novice traders as it requires less discipline than long term trend following, is exciting and fun and can be very profitable – lets look at the basics of swing trading in more detail. If you look at any trend up or down, you will see prices that surge to overbought or oversold as greed pushes them to far and fear pushes them to low. This happens all the time and as human nature is constant, it will continue to happen. Look at any price chart and you will see short term surges in price, never last long and prices eventually come back to an average or fair value. If you want to swing trade watch for surges in price to overbought and oversold and watch for chart resistance or support to hold – You then need to time your trading signal and for this you need to check price momentum is falling into support and resistance. There are many indicators to choose from and my favorite is probably the stochastic which you can learn about free online; it will only take you an hour or so but that is time well spent and it should be an essential trading indicator for any new trader to learn. In essence, you want the stochastic to be overbought coming into resistance and oversold when prices are coming into support and you then wait for the lines to cross down in an uptrend and up in downtrend you can then enter your trade. Your stop goes behind resistance or support you sold into and you then look for a level it could go to and I always look for resistance or support around the 20 day average and then take my profit – just before this level is tested. When swing trading, you need to get out before the level you are targeting is tested, in case prices recoil back against you and you lose your profit. Currency swing trading is not about hanging on to long, your aim is a quick profit, get out and wait for the next one. One successful swing trader I knew referred to swing trading as “hit and run trading” and that’s a good description!When you are swing trading don’t trade to often, be selective and only trade really overbought or oversold scenarios, these are the high odds trades, which yield the big profits. The above is a simple Forex swing trading system and it works, will continue to work and with a little practice and education, you will be confident to trade in around a week or so and be making some great Forex profits in less than 30 minutes a day.


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Evidence-Based Technical Analysis examines how you can apply the scientific method, and recently developed statistical tests, to determine the true effectiveness of technical trading signals. Throughout the book, expert David Aronson provides you with comprehensive coverage of this new methodology, which is specifically designed for evaluating the performance of rules/signals that are discovered by data mining…. More >>

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]]> http://www.swingtradingplan.com/evidence-based-technical-analysis-applying-the-scientific-method-and-statistical-inference-to-trading-signals/feed/ 5 Currency Swing Trading – Why Novices Can Build Big Profits With This Method http://www.swingtradingplan.com/currency-swing-trading-why-novices-can-build-big-profits-with-this-method/ http://www.swingtradingplan.com/currency-swing-trading-why-novices-can-build-big-profits-with-this-method/#comments Fri, 19 Feb 2010 11:05:08 +0000 James Johnson http://www.swingtradingplan.com/currency-swing-trading-why-novices-can-build-big-profits-with-this-method/ {As you know, I am incessantly on the lookout for excellent articles on Swing Trading, recognising that good information is required to learn how to swing trade.|As you are probably aware, I am constantly on the lookout for excellent information on Swing Trading, realizing that good information is required to learn how to swing trade.} {Now, I discovered a very good article that explains Swing Trading in simple language.|Recently, I ran across a really good piece of content that explains Swing Trading in easy to understand language.}{ Make sure you look over this article and let me know your opinion.|Make sure you look into this and let me know your thoughts on it.} {Today’s post is titled and you should find the entire article provided below for your convenience:|Todays piece of content is titled title and you could find the complete piece of content written below for your convenience:}

Currency swing trading is the perfect method for a novice to use because it overcomes the main barrier that most traders have when trying to achieve currency trading success… It overcomes the problem of discipline. Most traders lack discipline and it’s the big difference between success and failure and swing trading requires very little as profits and losses come quickly. It also overcomes the impatience of most traders who like to trade. Before we continue you might say well, forex day trading requires even less because the moves are shorter but the problem you have with day trading is it simply doesn’t work. Why? Because all moves within a day are random and you can never get the odds on your side and you will eventually lose. You get a lot of vendors telling you that you can make money day trading but look at their track records – there all simulations in hindsight and that means nothing. Swing trading is easier than long term trend following from both a discipline point of view and a patience point of view but can be just as profitable. You’re AimYou are looking for reactions within the major trends when prices get over bought and oversold and trading into these levels and a swing trading based upon the following will work. You simply need to use trend lines and Bollinger Bands – the latter tells you the volatility and is a great tool. Check our other articles for more details. When prices become overbought and oversold and testing resistance or support you have a potential trade. Confirm the Move Before it gets to this level you need to check the strength of price it should weaken into resistance and strengthen into support ( never guess always wait for confirmation), you check the strength of price with momentum oscillators and two great ones to use are the stochastic and RSI. You’re Stop If they support your view you trade and your stop goes behind the support or resistance level tested. Hit and RunYou should take your profit early and not trail a stop and your profit should be taken in when the price moves toward the next level of support or resistance. Currency swing trading profits disappear quickly, so you simply take them early or “hit and run and bank” Simple but EffectiveNow the above is a simple currency swing trading system I have used for 20 years or so and it’s worked well for me and can for you and you can pile up triple digit profits. Don’t be put off by its simplicity all the best systems are and this means they are robust with fewer elements to break. You can learn to swing trade in a week or so and it will take you less than 30 minutes to apply. It’s fun, exciting and can and does make big profits – try swing trading and you maybe glad you did.

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