Is It Swing Trading or Just Short Term Trading

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Investors Trading Academy

Investors Trading Academy

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Swing trading is a short-term trading method in which traders purchase or sell currencies based on technical indicators that indicate an upcoming price shift. This pattern can last for days or weeks. Swing traders heavily rely on technical analysis to track a currency and predict when a "swing" is likely to occur. Swing trading implies that the trader is not concerned with the long-term value of a currency, but rather with profiting from peaks and dips in momentum.
Swing trading has a solid methodology on paper. Nonetheless, no one can deny that it is a dangerous strategy. Swing trading, on the other hand, carries some major features that may give it an advantage over other popular trading approaches.
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