How does this strategy work on a daily timeframe? I would assume just the same.
My other problem, due to my real job, I have no much time to sit behind the computer and watch the charts,
hence my question about the daily time frame, however with daily trading comes the issue of swap charges,
how do you guys deal with them? My idea was to get out the trade every evening and then get back in few minutes after the hour, even if I have to pay again the commission, it’s always cheaper than the swap charge.
How do you guys deal with this?