21.04.2019 Views

Trader Dale Volume Profile

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Finding your style<br />

Swing Trading<br />

I suggest that you plan your swing trades on 1-hour to a Daily timeframe. I prefer planning my<br />

swing trades with 240-minute charts (4-hour) and with Daily charts. Such timeframes are good to<br />

help you see the bigger picture.<br />

When I plan my swing trades, I look for the volume setups #1 - #3 on those specific timeframes<br />

(4-hour or Daily).<br />

The setups are always the same, no matter if it is intraday or swing trading.<br />

Trading instruments for swing trades<br />

With swing trades, you don’t need to take the trading costs (spread) into consideration that much<br />

as in intraday trading. It is because your Stop-loss and Profit Target pip values are much bigger<br />

and because of that the trading costs are almost neglectable.<br />

For that reason, it is okay to swing trade any instruments you like. You can trade forex, indexes,<br />

stocks, cryptocurrencies, oil, futures, or whatever you prefer.<br />

82

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!