Swing trading forex

This is a discussion on Swing trading forex within the Swing & Position Trading forums, part of the Styles & Strategies category; Hello, I'm still relatively new to trading but have come to realise swing trading is my preferred method of trading ...

Reply
 
LinkBack Thread Tools
Rookie
 
Join Date: Aug 2005
Location: UK
Posts: 17
Swing trading forex

Hello,

I'm still relatively new to trading but have come to realise swing trading is my preferred method of trading as it fits my risk profile and my time available to trade.

Having just finished Marc Rivalland's book, it's left me asking whether it is possible to swing trade the forex market, as he doesn't mention this in his book.

Is anyone able to shed any light on this?

Much appreciated.

Paresh
Paresh is offline   Reply With Quote
Legendary Member
 
shadowninja's Avatar
 
Join Date: Jul 2007
Posts: 4,096
shadowninja's Trading Profile
Yes, I do.

Take your time, keep your risk small until you learn the characteristics of whichever pair you choose.
__________________


The markets can stay solvent longer than you can stay irrational.


Check out my blog if you're new to trading or skip the advice and obtain fame and riches beyond your wildest dreams the easy way but you might end up a bit like this.
shadowninja is offline   Reply With Quote
Rookie
 
Join Date: Aug 2005
Location: UK
Posts: 17
Paresh started this thread Hello Shadowninja,

Do you employ Rivallands methods or something similar? And if this is too personal no need to answer, Are you successful in trading the currency market through swing trading?
Paresh is offline   Reply With Quote
Legendary Member
 
shadowninja's Avatar
 
Join Date: Jul 2007
Posts: 4,096
shadowninja's Trading Profile
I may have misread what you asked. Ooopsie.

I just do basic swing trading that you can read any where. Identify a medium term trend, buy in dips, hold until you feel it's turning. Yes, I am succesful. I just swing EUR/USD but decide for yourself which one feels right for you.
__________________


The markets can stay solvent longer than you can stay irrational.


Check out my blog if you're new to trading or skip the advice and obtain fame and riches beyond your wildest dreams the easy way but you might end up a bit like this.
shadowninja is offline   Reply With Quote
Rookie
 
Join Date: Aug 2005
Location: UK
Posts: 17
Thanks

Paresh started this thread Thanks for the help
Paresh is offline   Reply With Quote
Rookie
 
Join Date: Mar 2009
Posts: 10
Hello,
I am a new member. I am very interested in how you use simple swing trading strategy to trade EUR/USD. May I know how you define the medium trend? Can u give advise how to swing trade the EUR/USD?
coyeoh27 is offline   Reply With Quote
Rookie
 
Join Date: Mar 2009
Posts: 10
Hello,
I am a new member. I am interested in how you use simple swing trading to trade the EUR/USD. Can you advise me how to do that? May I know how u define the medium term trend?
coyeoh27 is offline   Reply With Quote
Rookie
 
Join Date: Jan 2009
Posts: 11
pierreFX's Trading Profile
Swing trading can work very well on Fx pairs - pick one or two and stick to them until you know their character etc.. The market can be very revealing! I strated with the EURUSD too.
good luck
__________________
Pierre
pierreFX is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools


Similar Threads
Thread Thread Starter Forum Replies Last Post
Unlocking The Profits Of The New Swing Swing chart Method freely Wanted 6 Sep 2, 2009 3:08pm
How much needed to swing trade forex? PKFFW Forex Discussion 2 Jun 15, 2008 12:24pm
Day trading is definitely more profitable and safer than Swing / Position trading victor123 General Trading Chat 75 Mar 16, 2008 2:47pm
Forex vs stock day/swing trading: differences? KenCalhoun Forex Discussion 2 Apr 1, 2007 7:21pm
Swing trading all the way. Tomerep Swing & Position Trading 11 May 16, 2005 7:32am


New To Site? Need Help?


All times are GMT -4. The time now is 11:35pm.


Copyright © 2001-2009 Trade2Win Ltd