Forex Swing Trading System - Set it and Forget it.

For more info visit http://www.100pipsaday.com Swing Trading is a short term trading method that can be used when trading Forex. Swing Trading positions typically last two to six days, but may last as long as two weeks. The goal of Swing Trading is to identify the overall trend and then place a trade against one of the numbers in the Quarters Theory Indicator within that trend. A good Oscillator like the traders dynamic indicator or TDI is often used to help traders take advantage of the current trend in a security and hopefully become better Swing Traders. Most Swing Traders assume the "Trend is your Friend" and trade with the main trend of the chart. If the currency pair is in an uptrend, the Forex trader will "go long" or simply buy the pair. If the overall trend is down, then the trader could short the pair. Many times neither a bullish nor bearish trend is present, the currency pair may be oscillating in a large channel of between 200 to 500 pips. These channels are easily recognized but the help of the built in number price points of the quarters theory indicator. This amazing indicator is built into the MM4X Price Action Software. Sometimes the pair is moving in a somewhat predictable pattern between a large quarter point and a major round number of the quarters theory indicator. There are swing trading opportunities in this case too, with the trader taking a long position near the support area and taking a short position near the resistance area. Join the Yen Guy on facebook. https:__www.facebook.com_groups_142507342624371_

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