Recent content by astraura

It is surprising that it works for intraday time frames also? Let me also try and share the results.

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Is there swing trading methods using hourly charts or for shorter term horizon?

The strategy would be to go long on the breakout on a up day and trend is up as indicated by MACD or other indicators and go short on breakdown. Obviously the stop loss should be the previous bar's high or low. The threads below explains the situation aptly.

I am an amateur trader in the sense I like to trade whenever time permits. I prefer day trading or swing trading styles. However, I am not able to hit at proper trading set ups with entry and exit rules that may consistently yield positive results. Please help me in locating a simple set up.....