What is the best swing trading setup?
n/a n asked:
I’m looking to make money using swing trading. what is a good setup for a good swing trade?
This entry was posted
on Saturday, March 21st, 2009 at 10:20 am and is filed under Swing Trading.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
I’m looking to make money using swing trading. what is a good setup for a good swing trade?
March 23rd, 2009 at 3:52 pm
I find some of the most highly profitable trades are failed bull and bear moves (bull and bear traps). This is where a stock breaks out of a support or resistance zone for a relatively short time and then quickly falls back into the support/resistance zone on high volume. Many times it will move to the other end of the zone. Failed moves are fast moves.
March 25th, 2009 at 3:45 am
One that I have had alot of success at is a breakout thru the 50 DMA on volume, then a pullback into the 50 on light volume.