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Easy Swing trading strategy that can make you Ultra-rich

Swing trading strategies always grab my attention. Why? – Swing trading is the golden method to make money in stock markets. It doesn’t require you to have an investor’s patience or a daytrader’s speed. It is no hidden fact that swing traders are the biggest moneymakers in the markets. Especially a newbie trader should always try swing trading before he enters the fast lane world of day trading. 

If you go online and search the internet for a good swing trading strategy, you will end up with the result of a thousand with hundreds of strategies talking about high-end technical strategies. The fake Fibonacci world I call it. What if I tell you there is a simple price action following swing-trading strategy which if followed religiously can help you make a handsome amount of money.

I call it the 

ENGULFING-SQUEEZE STRATEGY.

As the name suggest this strategy is traded with the help of Engulfing pattern. We identify stocks that are in a uptrend and and make a small pullback and take support at 200 moving average. 

Once the stock gets takes support at 200 MA. We look for a bullish engulfing candlestick pattern. Then wait for the high of the Bullish Engulfing to be taken. Once high is taken enter for swing trade with 5% target and a 2.5% stoploss.

Indicators used –

1. The BULLISH ENGULFING screener in trading view. 

2. 200 Moving average

 

Target – 5%

Stop loss – 2.5 %

swing trading strategy

Swing trading in stock in a long term downtrend.

A stock which has been in a long term downtrend can also be traded using this strategy. All you have to check is that the stock is at least 7% below the 200 MA. If the condition is full filled watch out for a bullish engulfing. Once the BE sticker appears get into trade when the high of the pattern breaks.

Target here should be the 200 Moving average and a stop loss of 2.5% should be strictly followed.

Swing trading strategy.

1 thought on “Easy Swing trading strategy that can make you Ultra-rich”

  1. I was excited to discover this website. I want to to thank you for your time for this wonderful read!! I definitely liked every part of it and i also have you book-marked to look at new things on your website.

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