09-27-2019, 06:04 AM
Swing trading involves being in a position either long or short overnight or up to several weeks. The aim is for greater price movements than is done on intra-day bases. Swing trading assumes greater price ranges and price movements and therefore requires careful positioning to minimize downside risk. Swing trading can involve together fundamental and technical analysis. Swing trading usually relies on a larger timeframe chart including 15 minutes, 60 minutes, daily and weekly charts. Swing trading tends to require more waiting time to produce anticipated price movements.