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Swing Trading Setup Guide

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aadilvibes882
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255 views2 pages

Swing Trading Setup Guide

Uploaded by

aadilvibes882
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
  • Swing Trading Setup
  • Entry Update

Swing Trading Setup

You have to use this strategy on 1D Time Frame

Open your charts and plot Simple Moving Average 2 Times

- SMA Length 20

- SMA Length 40

Whenever the 20 SMA Cuts 40 SMA upside all noob traders make an entry, so we don't have to enter here.

Our Entry

1. After the Crossover of 20 SMA and 40 SMA, we have to wait for 20 SMA to come near 40 SMA like a retest.

2. Enter on a strong bullish candle like bullish engulfing.

Stop Loss

Count three candles before the entry candle and keep sl below the third candle

Target

Book Profits according to risk-reward 1:2, 1:3

Example
Entry Update
Wait for the price to come between the zone of 20 and 40 SMA and then find a bullish engulfing candle in the zone
for entry confirmation.

IMPORTANT

Also check that both SMA are facing upside at the time of entry.

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