What is the best swing trading setup?
I'm looking to make money using swing trading. what is a good setup for a good swing trade?
Public Comments
- I find some of the most highly profitable trades are failed bull and bear moves (bull and bear traps). This is where a stock breaks out of a support or resistance zone for a relatively short time and then quickly falls back into the support/resistance zone on high volume. Many times it will move to the other end of the zone. Failed moves are fast moves.
- One that I have had alot of success at is a breakout thru the 50 DMA on volume, then a pullback into the 50 on light volume.
Powered by Yahoo! Answers