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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 ...
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| | #1 |
| 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 |
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| | #2 |
| Legendary Member |
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. |
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| | #3 |
| Rookie Join Date: Aug 2005 Location: UK Posts: 17
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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? |
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| | #4 |
| Legendary Member |
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. |
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| | #5 |
| Rookie Join Date: Aug 2005 Location: UK Posts: 17
| Thanks
Thanks for the help
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| | #6 |
| Rookie Join Date: Mar 2009 Posts: 10
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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? |
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| | #7 |
| Rookie Join Date: Mar 2009 Posts: 10
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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? |
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| | #8 |
| Rookie |
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 |
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Hello Shadowninja,
