Swing Trader idea and implementation

All price movings essentially consist of swings (price fluctuations), so you have to use these fluctuations in intelligent way to make a profit. You can always find some fluctuations, no matter at what stage the market is currently in. It can be found in trend phases, but also occur in lateral movements. In this strategy we would like to focus only on pullbacks.

A pullback (dip) is a counter movement within a trend. These pullbacks always provide excellent trade opening opportunities. In the same time we have a good opportunity to get into an existing trend with minimal risk. When a trend direction is recognized we can make a profit from it by opening position when a price is reached dotted line. The more touch points price levels have, the more important they are.