Swings

Jul 18, 2012

Keeping your eyes on Swing Highs and Swing Lows is very revealing of trend continuation and reversal.  Although I intraday trade from the 15 minute chart, I like to look at the 60 minute chart for clues as to how the daily trends and reversals are shaping up.

Three days in one direction and a reversal is quite common.  Let the charts reveal their clues… learn how to read them – NOT useless ambiguous lagging indicators.

Good luck in your trading!

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