Quote:
Originally Posted by babyfx
Hi everyone & to Analyzer,
I agree with swing trading will give a good return. But I don't have to agree that swing trading need that great distance of stop loss over 100 pips or more. I have been trading the forex market for over a year and use both the day & swing trading for certain type/pair of currencies.
I day trade both the EUR/USD and GBP/USD and swing trade the GBP/USD pair. Reason for swing trade with GBP/USD simply because it's volatile but stable. My swing trade usually last not more than 3 days as it will usually hit my profit objective by then. And for stop loss I only use the minimal 60 pips from my point of entry.
I suggest everyone who wish to take swing trade to simply learn the technique and trading system from the following site, which proves to be effective in my forex trading:
The e-book will explain in great details when & how to make entry for the swing trade. It really helps in my trade and very easy to implement once you understand.
Happy trading guys.  |
am also a day trader but i will also like to improve on my performance,i will be glad to have website where simple swing trading system is clearly cut out .thankz guz