To all those who did not dedicate - The Swing Trading Guide
To all those who did not dedicate - The Swing Trading Guide
To all those who did not dedicate - The Swing Trading Guide
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11 Case Studies<br />
Trade: DFXI<br />
Date: 04/26/2002<br />
A Practical <strong>Guide</strong> to <strong>Swing</strong> <strong>Trading</strong> by Larry <strong>Swing</strong><br />
Reasons for trade/setup: CLOSE > SMAC50 and CLOSE > SMAC20 (to be sure the stock is still in an uptrend) and HIGH<br />
< HIGH1 and HIGH1 < HIGH2 AND (the stock must be experiencing a 3 day decline/pullback within the context of a<br />
uptrend) and FORCE3=0 (the short term battle is now won by the bears, but still the bulls are in<br />
control of the longer-term battle)<br />
<strong>Swing</strong> Entry price: $42.48 (High of yesterday $42.42 + $0.06)<br />
Stop Loss price: $41.35 (order $0.06 below the low of the previous day $41.41 - $0.06)<br />
Target: $45.45 (entry price +7%)<br />
Exit: $45.45 (05/02/2002) & $43.44 (05/02/2002)<br />
Reason for exit: $45.45 at a 7% gain on the long swing trade & $43.44 trailing stop low of yesterday $43.50 - $0.06<br />
Profit/loss: $1.965 = ($2.97 + $0.96)/2 or gain of 4.63%<br />
Visit: http://www.mrswing.com/ or email: larry@mrswing.com
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